CODO
•
Fixed Income
WISDOMTREE AT1 COCO BOND UCITS ETF - USD HEDGED
TER (bps):
39
AUM (USD m):
8
ISIN:
IE00BFNNN012
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Europe
As of:
20 Nov 2024
Climate Fund:
No
Benchmark
The iBoxx Contingent Convertible Liquid Developed Europe AT1 Index is designed to reflect the performance of the Additional Tier 1 (“AT1”) CoCos denominated in EUR, USD and GBP issued by financial institutions from European developed markets. AT1 follows the classification of bank capital laid out in Basel III principles. The Index rules aim to offer a good coverage of the CoCo bond universe whilst upholding standards of investability and liquidity. In addition, the Index also excludes CoCo bonds which do not meet WisdomTree’s ESG (environmental, social and governance) criteria.
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