DFEA/DFEP
WisdomTree Europe SmallCap Dividend UCITS ETF - Acc
The Fund seeks to track the price and yield performance, before fees and expenses of the WisdomTree Europe SmallCap Dividend UCITS Index Euro. Learn more about the Index that DFEA/DFEP is designed to track.
- Gain a broadly diversified exposure to small cap pan-European dividend paying equities which meet WisdomTree’s ESG (environmental, social and governance) criteria
- Benefit from risk-screening to exclude companies based on quality and momentum proprietary scoresUse to complement large cap Europe market exposure accessing predominantly domestic economic growth
- Dividend yield and income potential may be higher than a market-cap index
- Access small cap equities with a value and yield style tilt
- The ETF is physically backed and UCITS compliant
- Dividend weighted indices may perform differently to a market capitalisation weighted index.
- An investment in equities may experience high volatility and should be considered as a longer term investment.
- Investment risk may be concentrated in specific sectors, countries, companies or currencies.
- This list does not cover all risks-furtherrisks are disclosed in the KIID and Prospectus.
Overview
Fund Overview | |
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Asset Class | Equities |
Use of Income | Accumulating |
Base Currency | EUR |
Dividend Frequency | N/A |
Inception Date | 03 Nov 2016 |
Exchange Ticker | DFEA/DFEP |
Index Name | WisdomTree Europe SmallCap Dividend UCITS Index Euro |
TER | 0.38% |
Structure | |
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Replication Method | Physical, Fully Replicated |
Legal Form | Irish Collective Asset-management Vehicle (ICAV) |
Fund Umbrella | WisdomTree Issuer ICAV |
Domicile | Ireland |
Structure | Open-ended Exchange Traded Fund |
Financial Year End | 31 December |
UCITS Compliant | Compliant |
Further Legal and Tax Information | |
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ISA | Eligible |
SIPP | Eligible |
UCITS Eligible | Eligible |
UK Reporting Status | Yes |
Key Service Providers | |
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Custodian | State Street Custodial Services (Ireland) Limited |
Administrator | State Street Fund Services (Ireland) Limited |
Fund Manager | Irish Life Investment Managers |
Auditor | Ernst & Young Ireland |
Market Capitalization | As of 19 Jul 2024 |
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Total Market Capitalization ($ Trillion) | 0.30 |
Fund MarketCap Breakdown | |
Large Cap (> $10 Billion) | 0.00% |
Mid Cap (≥ $2 Billion and ≤ $10 Billion) | 17.28% |
Small Cap (< $2 Billion) | 82.72% |
Fund Characteristics | As of 19 Jul 2024 |
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*Dividend Yield | 4.39 |
Price/Earnings | 12.97 |
Estimated Price/Earnings | 11.9 |
Price/Book | 1.51 |
Price/Sales | 0.61 |
Price/Cash Flow | 7.13 |
Gross Buyback Yield | 1.14 |
Net Buyback Yield | 0.79 |
Listings & Codes
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Holdings
Sector Breakdown
Country Allocation
Country | Weight |
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1. United Kingdom | 38.60% |
2. Sweden | 15.06% |
3. Italy | 11.90% |
4. Norway | 6.36% |
5. Germany | 5.62% |
6. Switzerland | 3.97% |
7. France | 3.95% |
8. Spain | 2.50% |
9. Denmark | 2.40% |
10. Netherlands | 2.26% |
11. Portugal | 2.24% |
12. Finland | 2.02% |
13. Belgium | 1.26% |
14. Austria | 1.17% |
15. Ireland | 0.68% |
Index Details
WisdomTree Europe SmallCap Dividend UCITS Index Euro
The Index is rules-based, fundamentally weighted and is comprised of the small-capitalisation segment of the dividend paying companies from Europe, risk-filtered using a composite risk score ("CRS") screening which is made up of two factors (quality and momentum) each carrying an equal weighting. The index excludes companies which do not meet WisdomTree’s ESG (environmental, social and governance) criteria
To be included in the index, companies must meet certain risk management criteria, as well as minimum liquidity requirements, WisdomTree’s ESG screen and have paid dividends over the prior annual cycle.
The 300 largest companies by market capitalisation have been removed. The index on rebalancing date is comprised of the companies ranking in the bottom 25% of the remaining market capitalisation from the eligible universe and which have met CRS and ESG criteria. The component companies are then weighted annually in the index based on dividends paid over the prior annual cycle. Companies which pay more dividends are more heavily weighted and as well as the companies in the top 20% by CRS.
Index Details | |
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Index Name | WisdomTree Europe SmallCap Dividend UCITS Index Euro |
Currency | EUR |
Index Provider | WisdomTree, Inc |
Bloomberg Ticker | WTIDESTE |
Leverage Factor | N/A |
Documents and Links |
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Responsible Investing
SFDR Disclosure
The EU Sustainable Finance Disclosures Regulation (SFDR) took effect on 10 March 2021 as part of the EU Action Plan on Sustainable Finance. The SFDR lays down harmonised sustainability related disclosure rules for EU financial market participants and advisors and requires certain sustainability disclosures to be made for financial products which promote environmental or social characteristics (Article 8 SFDR) and funds which have a sustainable investment objective (Article 9 SFDR).
There are different SFDR product categorisations for these sustainability disclosure requirements:
+ Article 6 products: require disclosures relating to the manner in which sustainability risks are integrated into the decision-making process.
+ Article 8 products: promote, among other characteristics, environmental or social characteristics or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices.
+ Article 9 products: have sustainable investment as their objective
Please refer to EU regulation guidelines for more details: https://www.esma.europa.eu/sections/sustainable-finance
SFDR categorisations | |
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SFDR Disclosure | Article 8 |
ESG Characteristics
The fund tracks an index which seeks to exclude from the eligible investment universe companies that (i) violate, certain commonly accepted international norms and standards, such as United Nations and the Organisation for Economic Co-operation and Development (OECD) guidelines, (ii) are involved in controversial weapons such as anti-personnel mines and cluster munitions, (iii) are significantly involved in the tobacco industry, (iv) are significantly involved in thermal coal activity, such as coal mining and exploration and coal-based power generation, (v) are significantly involved in unconventional oil and gas exploration/production, such as oil sands, Arctic oil and gas or shale energy, (vi) do not meet such other ESG criteria such as significant involvement in small arms, as detailed in the Index methodology. Visit our ESG Hub to learn more about WisdomTree's ESG approach.
MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics and Ratings (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 31,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.
Sustainability Characteristics | |
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MSCI ESG Fund Ratings (AAA-CCC) | A |
DISCLAIMERS
The products discussed in this document are issued by WisdomTree Issuer ICAV (“WT Issuer”). WT Issuer is an umbrella investment company with variable capital having segregated liability between its funds organised under the laws of Ireland as an Irish Collective Asset-management Vehicle and authorised by the Central Bank of Ireland (“CBI”). WT Issuer is organised as an Undertaking for Collective Investment in Transferable Securities (“UCITS”) under the laws of Ireland and shall issue a separate class of shares ("Shares”) representing each fund. Investors should read the prospectus of WT Issuer (“WT Prospectus”) before investing and should refer to the section of the WT Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the Shares.