Skip to main content

Statement re WisdomTree AT1 CoCo Bond UCITS ETF

Written by Customer Service on . Posted in Public Companies.

NOTICE TO SHAREHOLDERS OF WISDOMTREE ISSUER PLCThis notice is important and requires your immediate attention. If you are in any doubt about its content, please consult your stockbroker, bank manager, solicitor, accountant or other financial adviser. If you have sold or transferred all your shares in WisdomTree Issuer plc please forward this document to the purchaser or transferee, or to the stockbroker, bank manager or other agent through whom the sale or transfer was effected.27 March 2020Dear Shareholder,We are writing to you in your capacity as a shareholder of the WisdomTree AT1 CoCo Bond UCITS ETF (the “Sub-Fund”), a sub-fund of WisdomTree Issuer plc (the “Company“).The Sub-Fund seeks to track the price and yield performance, before fees and expenses, of the iBoxx Contingent Convertible Liquid Developed Europe AT1 Index (the “Index“).The Supplement anticipates that (a) the Index will be rebalanced on a monthly basis and (b) the weight of an issuer in the Index will be capped at 7.5% of the market value of the Index at each rebalancing date.We are writing to inform you that, in light of recent extreme market volatility, Markit Indices Limited (the “Index Sponsor“) has determined to cancel the scheduled March rebalance of its indices, including the Index. As at the date of this notice, three index constituents, UBS, HSBC and Credit Suisse, exceed the 7.5% cap with weightings of 8.07% and 7.80% and 7.67%, respectively. It is expected that this will be addressed at the next index rebalance on 30 April 2020.Notwithstanding the above, please note that the composition of the Index is sufficiently diversified to comply with the investment restrictions and diversification provisions applicable to the Company pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011, as amended.Should you have any questions in relation to the above, please do not hesitate to contact WisdomTree UK Limited at infoeu@wisdomtree.com.Yours sincerely,For and on behalf of
WisdomTree Issuer plc

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.