WisdomTree launches Global High Dividend UCITS ETF

WisdomTree has introduced the WisdomTree Global High Dividend UCITS ETF USD Unhedged (WDVD ETF), which aims to track the WisdomTree Global High Dividend UCITS index. This index monitors dividend-paying stocks from developed countries worldwide.

The selection process for the fund is based on dividend yield alongside specific quality and momentum criteria. Additionally, the constituent stocks are filtered according to ESG (environmental, social, and governance) standards. The ETF utilizes a sampling technique to replicate the underlying index's performance and distributes dividends to investors on a quarterly basis.

The fund has a total expense ratio (TER) of 0.35 percent per year and is domiciled in Ireland. It is traded on several exchanges, including Deutsche Boerse Xetra, Borsa Italiana, London Stock Exchange, SIX Swiss Exchange, and XETRA.