Description

The fund targets dividend-paying firms and comes with an export tilt. While the fund covers European companies specifically trading in Euro, it also screens for companies that generate at least half of their sales from exports outside the Eurozone. As a subset of WisdomTree International Equity Index, the underlying index excludes companies with potential higher risk by applying a composite risk factor screen based on financial quality metrics (identified by ROE & ROA trends, gross profits, and cash flows relative to assets). Momentum factors based on 6- and 12-month risk adjusted total returns are also considered. In addition, the index is dividend-weighted, with each individual security capped at 5%. Country and sector weights are capped at 20%. The index is rebalanced and reconstituted annually.