Index fund offers access to high-dividend companies in Asian emerging markets
A new exchange-listed index fund issued by WisdomTree has been tradable on Xetra and Börse Frankfurt since Thursday. WisdomTree is primarily a smart beta ETF provider, using fundamental data to weight companies in the reference index.
The new WisdomTree ETF gives investors access to high-dividend companies from China, India, Indonesia, Korea, Malaysia, the Philippines, Taiwan and Thailand.
The reference index comprises around 300 company stocks weighted by dividend.
Individual company weightings are limited to 4.5 percent. In addition, sector or country allocation is limited to a maximum of 33.3 percent.
- Name: WisdomTree Emerging Asia Equity Income UCITS ETF Asset class: equity index ETF
- ISIN: DE000A140SG3
- Total expense ratio: 0.54%
- Distribution policy: distributing
- Benchmark: WisdomTree Emerging Asia Equity Income Index
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,095 exchange traded funds. This selection, together with an average monthly trading volume of around €16 billion, makes Xetra Europe’s leading trading venue for ETFs.
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