WisdomTree adds UK quality dividend growth ETF to equity range

$14.4bn assets under management

WisdomTree has expanded its $14.4bn equity ETF range with the launch of the WisdomTree UK Quality Dividend Growth UCITS ETF on the London Stock Exchange.

The strategy aims to provides exposure to "high-quality and high-profitability" companies at a "reasonable" valuation, and has a total expense ratio of 0.29%. It tracks the WisdomTree UK Quality Dividend Growth index, which comprises UK companies with high returns on equity, high returns on assets and high medium-term earnings growth, and excludes companies which do not meet the firm's ESG criteria. WisdomTree brings US 'better than 60/40' ETF to the UK Pierre Debru, head of quantitative research and multi-asset solutions, said "high-quality" companies maintain stability in unfavou...