WisdomTree AT1 CoCo Bond UCITS ETF – EUR Hedged ISIN DE000A2JRN56, WKN A2JRN5

 
 
 

Strategy of WisdomTree AT1 CoCo Bond UCITS ETF – EUR Hedged

Investment strategy

The iBoxx© Contingent Convertible Liquid Developed Europe AT1 (EUR Hedged) index tracks the performance of financial institutions AT1 contingent convertible debt denominated in EUR, USD and GBP. The index rules aim to offer a good coverage of the Coco bond universe, whilst upholding minimum standards of investability and liquidity. Currency hedged to Euro (EUR).

 

iBoxx© Contingent Convertible Liquid Developed Europe AT1 (EUR Hedged) (1)

Bonds (343) Europe (141) Convertible Bonds (4) All maturities (4)

Quote

EUR 102.56
XETRA
17.06.19
94.27 52 weeks low/high 102.63
52 weeks low/high
 
No savings plan
 

Risk and fees of WisdomTree AT1 CoCo Bond UCITS ETF – EUR Hedged

Risk

EUR 3 m
Fund size
Fund size category

Replication

Physical (Sampling)
Legal structure ETF
Strategy risk Long-only
Fund currency EUR

Currency risk

Currency hedged
Volatility 1 year (in EUR) - -
Inception Date 24 August 2018
Maximum drawdown
since inception (in EUR)
-3.66%
Maximum drawdown period 3 Months

Fees

0.50% p.a.
Total expense ratio
0.00% Compare 4.00%
Compare (Bonds)

Dividend/ Taxes

Distribution policy Distributing
Distribution frequency Semi annually
Fund domicile Ireland
Tax data Bundesanzeiger

Legal structure

Fund Structure Open-ended Investment Company (OEIC)
UCITS compliance Yes
Fund Provider
Administrator State Street Fund Services (Ireland) Limited
Investment Advisor WisdomTree Management Ltd.
Custodian Bank State Street Custodial Services (Ireland) Limited
Revision Company Ernst & Young
Fiscal Year End 31 December
Swiss representative Société Générale, Paris, Zweigniederlassung Zürich
Swiss paying agent -

Tax Status

Germany Tax transparent
Switzerland No ESTV Reporting
Austria Non-Tax Reporting Fund
UK UK Reporting
EU Savings Directive -

Replication, swap, securities lending

Indextype Total return index
Swap counterparty -
Collateral manager Assenagon Asset Management S.A.
Securities lending No
Securities lending counterparty
 
 
 

Performance of WisdomTree AT1 CoCo Bond UCITS ETF – EUR Hedged

Return

1 year: -
Performance (incl. dividend)
Return in:
 
YTD 2018 2017 2016 2015
7.69% - - - -
1 month 3 months 6 months 1 year 3 years
0.56% 1.71% 7.45% - -
 

Description of WisdomTree AT1 CoCo Bond UCITS ETF – EUR Hedged

The WisdomTree AT1 CoCo Bond UCITS ETF – EUR Hedged invests in Convertible Bonds with focus Europe. The ETF holds the full range of bond maturities. The underlying bonds have both investment grade and sub investment grade ratings. The interest income (coupons) in the fund is distributed to the investors (Semi annually).

The total expense ratio amounts to 0.50% p.a.. The fund replicates the performance of the underlying index by buying a selection of the most relevant index constituents (sampling technique). The WisdomTree AT1 CoCo Bond UCITS ETF – EUR Hedged is a very small ETF with 3m Euro assets under management. The ETF is younger than 1 year and is domiciled in Ireland.
 

Look for similar ETFs

 
— All quotes are 15 minutes delayed stock exchange quotes or NAVs (=daily published by fund provider). Quotes and reference data provided by Xignite, Inc., etfinfo and justETF GmbH. Returns include dividend payments. There is no warranty for completeness, accuracy and correctness for the displayed information.
Source:ETFinfo
 

Track your ETF strategies online