WisdomTree launches UK Equity Income ETF

Exposure to dividend-yielding stocks

WisdomTree has launched a UCITS UK Equity Income ETF offering investors exposure to the UK's highest-yielding stocks.

Listed on the London Stock Exchange, the new ETF tracks a dividend-weighted index, that is exposed to a diversified basket of over 100 constituents. The index will follow an existing WisdomTree Equity Income method which has a nine-year track record in the US. WisdomTree launches currency-hedged Europe and Japan ETFs The strategy comprises the highest 33% of UK domiciled companies, ranked by dividend yield. The resulting constituents are used to construct a diversified basket of stocks, with a 3% single stock weighting cap and a 25% sector cap. WisdomTree said this methodology he...