WisdomTree launches two defined-return autocallable UCITS ETFs

WisdomTree has launched two actively managed Defined Return Autocallable EUR Active UCITS ETFs on Xetra and Borsa Italiana. Both funds carry a total expense ratio of 0.65% and target annualised returns of 8-9% and 6-7% respectively.

The WisdomTree Defined Return Autocallable EUR Active UCITS ETF targets 8-9% per annum and is listed in a standard share class (ticker DRTN, ISIN IE0005VCFMG0) and an EUR accumulation share class (ticker WDRT, ISIN IE000RAY1B92).

The WisdomTree Defensive Defined Return Autocallable EUR Active UCITS ETF targets 6-7% per annum and is offered in a standard share class (ticker DRTD, ISIN IE000F4W1QI5) and an EUR accumulation share class (ticker WDRD, ISIN IE000C9LBYZ8).

According to WisdomTree, the ETFs provide diversified exposure to autocallable instruments written on liquid large-cap indices such as the EURO STOXX 50. The firm says the strategies seek to harvest equity and volatility risk premia to deliver a defined-return profile across different market conditions.

The autocallable approach typically uses structured payoffs that can trigger early redemption when index performance meets specified conditions. The ETFs aggregate multiple autocallable positions and actively manage exposures within a UCITS fund wrapper while trading on exchanges.

There is no performance history for the funds at launch. Investors can review the prospectus and key investor information documents published with the market listings for details on redemption conditions, payout mechanics, fees and risk factors.

All four share classes and their ISINs were published on Xetra and Borsa Italiana at launch.