Two WisdomTree ETFs launched on Borsa Italiana
Borsa Italiana welcomed two ETFs issued by WisdomTree. The instruments launched are the following:
WisdomTree AT1 CoCo Bond UCITS ETF - USD: It seeks to track the performance of iBoxx Contingent Convertible Liquid Developed Europe AT1 Index, which is designed to reflect the performance of the Additional Tier 1 CoCos denominated in EUR, USD and GBP issued by financial institutions from European developed markets.
WisdomTree Cboe S&P 500 PutWrite UCITS ETF: It seeks to track the price and yield performance of the Cboe S&P 500 PutWrite Index, which is designed to reflect the performance of a collateralised put option writing strategy, which consists of, on a monthly basis, selling S&P 500 Put options traded on the Cboe Options Exchange and investing the sale proceeds in one- and three-month US Treasury bills.