ITBLWisdomTree FTSE MIB Banks
ISIN: XS33065192010,35%
Management Fee (MER)
As of 2/7/2026
24 November 2016
Inception Date
US$61,051,073
Fund AUM
As of 2/7/2026
EUR
Base currency
Overview
Product Description
WisdomTree FTSE MIB Banks is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with a total return exposure to FTSE MIB Banks. The ETP provides a total return comprised of the daily performance of the FTSE MIB Banks 15% Capped Net Tax Index (FMIBBN), adjusted to reflect fees and costs associated with the product. For example, if the FTSE MIB Banks 15% Capped Net Tax Index rises by 1% over a day, then the ETP will rise by 1%, excluding fees. However if the FTSE MIB Banks 15% Capped Net Tax Index falls by 1% over a day, then the ETP will fall by 1%, excluding fees.
Why ITBL?
- Gain exposure to the performance of FTSE MIB Banks.
- UCITS eligible and fully collateralised.
- Transparent performance and fees.
- Easy to invest: Everything in one product which does not require the investor to hold derivatives or a margin account.
- Risk Management: You cannot lose more than the amount invested.
- Liquidity: Trades on exchange, with multiple authorised participants (APs) and market makers (MMs).
Potential Risks
- An investment in an ETP involves a degree of risk. Any decision to invest should be based on the information contained in the relevant prospectus. Prospective investors should obtain independent accounting, tax and legal advice and should consult their professional advisers to ascertain the suitability of this ETP as an investment to their own circumstances.
- This ETP is structured as a debt security and not as shares (equity) and can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. This ETP is not a UCITS product.
- Market Risk: The value of securities in this ETP is directly affected by increases and decreases in the value of the Index. Accordingly, the value of a security may go up or down and a security holder may lose some or all of the amount invested but can not lose more than the amount invested.
- Liquidity risk: There can be no certainty that securities can always be bought or sold on a stock exchange or that the market price at which the securities may be traded on a stock exchange will always accurately reflect the performance of the Index.
- Currency Risk: The price of securities in this ETP is generally quoted in EUR. To the extent that a security holder purchases securities in another currency, the value will be affected by changes in the exchange rate.
- Counterparty risk: The Issuer is reliant on there being swap counterparties available to enter into swap agreements on a continuing basis and, if no swap counterparties are willing to do so, the ETP will not be able to achieve its investment policy of tracking the performance of the Index.
- Credit Risk: The Issuer is subject to the risk that third party service providers may fail to return property or collateral belonging to the Issuer or pay money due to the issuer. The ETP is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The collateral is held in segregated accounts at The Bank of New York Mellon. In the event a swap counterparty defaults, the proceeds from realisation of the collateral may be less than what the investor expects. Details of the collateral held can be found in the Collateral section of the WisdomTree website (www. Wisdomtree. Com).
- Please see the risks factors section of the Prospectus for a more detailed discussion of the potential risks
Articles and Research Papers
Aneeka Gupta
What's Hot: The geopolitical turning point for Europe and Japan
The Iran-US MOU marks a turning point for European and Japanese equities. With geopolitical risk unwinding, economic surprise indices improving, ECB policy easing, and Germany's defence spending accelerating, Europe's re-rating is underway. Japan benefits from AI supply chain breadth, the Bank of Japan's gradual policy normalisation, the resumption of trade following Middle East disruptions, and energy cost relief. WisdomTree offers compelling, cost-effective access to both opportunities.
- Equities
- Europe / Eurozone
- Japan
- US
Mobeen Tahir
Renewable energy is catching a second wind
Back in 1973, an oil shock changed the way the world thought about energy. More than fifty years later, geopolitical tensions, rising electricity demand from artificial intelligence (AI) and record renewable energy deployment are once again putting the sector in the spotlight. This blog explores why renewable energy is catching a second wind, how China is driving much of the growth, and why some emerging technologies may finally have found their moment. Investors, it seems, are keen to make hay while the sun is shining.
- Energy Transition
- Megatrends
- Equities
Ayush Babel
What’s Hot – Rules Over Headlines: A Different Approach to Growth Investing
Rules and methodologies should consistently and transparently reflect the investment goal of their index. With the recent focus on SpaceX IPO, this principle is being rediscovered by investors. The WisdomTree US Quality Growth UCITS Index offers a consistent way to invest in US Growth. Discover how its focus on profitability and growth creates a differentiated portfolio and has outperformed major growth benchmarks since inception.
- Equities
- Quality
Aneeka Gupta
Beijing Without Breakthroughs: What the Trump–Xi Summit Means for Investors
The Trump–Xi Beijing summit delivered managed stability, not structural change. Technology, critical minerals and Taiwan remain unresolved. For investors, two themes stand out: Western supply chain diversification in strategic metals and rare earths, and durable agricultural commodity exposure driven by food security and climate risk, not diplomacy.
- Broad Commodities
- Commodities
- Equities
- US
Fund Overview
| Product Overview | As of 2/7/2026 |
|---|---|
| ISIN | XS3306519201 |
| Asset Class | Equities |
| Base Currency | EUR |
| Inception Date | 24 November 2016 |
| Currency Hedged | No |
| Net Asset Value | As of 2/7/2026 |
|---|---|
| NAV | €19.284 |
| Daily Change | €0.327 |
| Daily return | 1,727% |
| Total AUM of fund | US$61,051,073 |
| Issuer AUM | US$3,526,032,940 |
| Shares Outstanding | 2.766.618 |
Structure
| Structure | As of 2/7/2026 |
|---|---|
| Legal Form | ETP |
| Legal Structure | ETP |
| Replication Method | Fully Collateralised Swap |
| Domicile | Ireland |
| Physical Asset | Yes (Collateral) |
| Further Legal and Tax Information | As of 2/7/2026 |
|---|---|
| ISA | Eligible |
| SIPP | Eligible |
| UCITS Eligible | Yes |
| UK Reporting Status | Yes |
Key Service Providers
| Key Service Providers | As of 2/7/2026 |
|---|---|
| Custodian | Bank of New York Mellon |
| Administrator | Apex IFS Limited |
| Issuer | WisdomTree Multi Asset Issuer PLC |
| Auditor | Deloitte LLP |
| Trustee | Law Debenture Trust |
| Swap Provider | BNP Paribas Arbitrage SNC |
| Fees | As of 2/7/2026 |
|---|---|
| Management Fee (MER) | 0,35% |
| Annual Swap Rate | 0,39% |
Passported Countries
Listings & Codes
| Country | Exchange | Trading Currency | Exchange Ticker | Bloomberg Ticker | RIC | SEDOL | ISIN | WKN | Listing Date |
|---|---|---|---|---|---|---|---|---|---|
| Borsa Italiana | EUR | ITBL | ITBL IM | ITBL.MI | BW5WDK5 | XS3306519201 | A4ARZT | 28/11/2016 |
Index Details
FTSE MIB Banks 15% Capped Net Tax Index
The FTSE MIB Banks 15% Capped Net Tax Index (the “Index”) tracks the performance of the FTSE MIB Index constituents classified as “Banks” in accordance with the Industry Classification Benchmark rules. The Index is market capitalisation weighted after adjusting constituents for float, with individual constituent weights capped at 15%. The Index rebalances quarterly in March, June, September and December.
| Index Details | |
|---|---|
| Index Name | FTSE MIB Banks 15% Capped Net Tax Index |
| Currency | EUR |
| Index Provider | FTSE |
| Bloomberg Ticker | FMIBBN |
| Reuters Index Ticker | .TRIFMIBBN |
Documents and Links
Collateral Details
| Collateral Details | |
|---|---|
| Collateral Coverage Ratio | 105.0% |
| Collateralised | Yes |
| Over Collateralised | Yes |
| Custodian | Bank of New York Mellon |
Collateral Structure
Documents
DISCLAIMERS
WisdomTree Multi Asset Issuer PLC (the “Issuer”) issues products under a Prospectus (“WTMA Prospectus”) approved by the Central Bank of Ireland, drawn up in accordance with the Directive 2003/71/EC. The WTMA Prospectus has been passported to various European jurisdictions including the UK, Italy and Germany and is available on this document.
WisdomTree FTSE MIB Banks has been developed solely by WisdomTree. WisdomTree FTSE MIB Banks is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSEG Companies”). FTSE Russell is a trading name of certain of the LSEG Companies.
All rights in the FTSE MIB Banks 15% Capped Net Tax Index (the “Index”) vest in the relevant FTSE Russell company which owns the Index. “FTSE®” is a trade mark(s) of the relevant LSEG Companies and is/are used by any other LSEG Company under license. “MIB®” is a trade mark if Borsa Italiana S.p.A and is used by FTSE Russell under license.
The Index is calculated by or on behalf of FTSE International Limited or its agent. LSEG Companies do not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of WisdomTree FTSE MIB Banks. No LSEG Company makes any claim, prediction, warranty or representation either as to the results to be obtained from WisdomTree FTSE MIB Banks or the suitability of the Index for the purpose to which it is being put by WisdomTree.