EZR
WisdomTree Europe Local Recovery Fund

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WisdomTree Europe Local Recovery Fund seeks to track investment results of European companies that are sensitive to economic growth prospects in the eurozone and that derive more than 50% of their revenue from Europe. The Fund seeks to maximize exposure to European companies that may benefit from Europe’s economic recovery and Europeans’ increased buying power. Learn more about the Index that EZR is designed to track.

Why EZR?

  • Gain access to European companies that are most sensitive to economic growth and derive more than 50% of their revenue from the Eurozone
  • Strategy seeks to increase weight to companies that have the highest correlation in equity performance to an indicator tied to the economic strength of Europe
  • Use as a complement or replacement for core European strategies

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Fund Overview

  • As of 09/26/2016
Profile
Expense Ratio
Net Expense Ratio, amount charged to shareholder1 0.48%
Gross Expense Ratio 0.58%
CUSIP 97717X388
Total Assets (000) $3,404.40
Shares Outstanding 150,004
Distribution Yield 0.53 %
SEC 30–day Yield 2.62 %
Options Available* No
Inception Date 10/29/2015
Trading Information
30-Day Average Daily Volume N/A
Implied LiquidityTM (Shares) N/A
Implied Liquidity (000) N/A
Lead Market Maker Jane Street
Related Index Symbol WTELR
NAV Symbol EZR.NV
IOPV Symbol EZR.IV
Shares Out. Symbol EZR.SO
  • *Options are not suitable for all investors.
1The Net Expense Ratio reflects a contractual waiver of 0.10% through October 31, 2017

Net Asset Value

As of 09/26/2016
  • As of 9/26/2016
  • Quotes Delayed ~ 15 mins
Net Asset Value
NAV $22.70
Change ($0.26)
Change % -1.14%
Price
Price $23.13
Change ($0.00)
Change % 0.00%
Volume 0

Total Returns

  • View After Tax Returns
Month End Performance
(08/31/2016)
Underlying Index Returns NAV Returns Market Price Returns
Cumulative
1 Month 1.27% 1.21% 1.34%
3 Month -4.02% -4.08% -3.75%
Since Inception* -6.44% -6.40% -6.53%
Average Annual
1 Year -5.95% N/A N/A
3 Year N/A N/A N/A
5 Year N/A N/A N/A
10 Year N/A N/A N/A
Since Inception* -6.44% N/A N/A
Quarter End Performance
(06/30/2016)
Underlying Index Returns NAV Returns Market Price Returns
Cumulative
Since Inception* -13.88% -13.76% -13.28%
Average Annual
1 Year N/A N/A N/A
3 Year N/A N/A N/A
5 Year N/A N/A N/A
10 Year N/A N/A N/A
Since Inception* -13.88% N/A N/A

After Tax Returns

  • View Total Returns
Month End Performance
(08/31/2016)
After Tax Held After Tax Sold
Cumulative
1 Month 1.21% 0.68%
3 Month -4.91% -2.30%
Since Inception* -7.20% -3.57%
Average Annual
1 Year N/A N/A
3 Year N/A N/A
5 Year N/A N/A
10 Year N/A N/A
Since Inception* N/A N/A
Quarter End Performance
(06/30/2016)
After Tax Held After Tax Sold
Cumulative
Since Inception* -14.50% -7.70%
Average Annual
1 Year N/A N/A
3 Year N/A N/A
5 Year N/A N/A
10 Year N/A N/A
Since Inception* N/A N/A
  • *Fund Inception Date 10/29/2015.
  • Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.
  • WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.
  • After-Tax Held Returns represent return on Fund shares after taxes on distributions and assumes Fund shares have not been sold. After-Tax Sold Returns represent returns on Fund shares after taxes on distributions and the sale of the Fund shares.
  • After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's individual tax rates and may differ from those shown.
  • In some cases the return after taxes may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of fund shares at the end of the measurement period.

Top Holdings

Name Weight
1. Total SA 2.18%
2. BASF SE 1.69%
3. Allianz SE 1.55%
4. BNP Paribas 1.35%
5. Ing Groep NV-CVA 1.18%
6. Vinci SA 1.11%
7. Axa SA 1.09%
8. Inditex SA 0.95%
9. Continental AG 0.94%
10. Deutsche Post AG 0.94%
  • *Holdings are subject to change without notice.

Sector Breakdown

  • As of 09/26/2016
Name Weight
1. Financials 32.63%
2. Industrials 24.34%
3. Consumer Discretionary 22.30%
4. Materials 8.76%
5. Information Technology 6.54%
6. Energy 5.08%

Country Allocation

  • As of 09/26/2016
Country Weight
1. France 28.08%
2. Germany 23.08%
3. Italy 13.81%
4. Spain 10.31%
5. Netherlands 7.60%
6. Finland 4.69%
7. Belgium 4.58%
8. Austria 3.57%
9. Ireland 2.42%
10. Portugal 1.86%

Recent Distributions

Ex-Dividend Date Record Date Payable Date Ordinary Income Short Term Capital Gains Long Term Capital Gains Return of Capital Total Distribution
09/26/2016 09/28/2016 09/30/2016 $0.03000 $0.00000 $0.00000 $0.00000 $0.03000
06/20/2016 06/22/2016 06/24/2016 $0.46500 $0.00000 $0.00000 $0.00000 $0.46500
03/21/2016 03/23/2016 03/28/2016 $0.00667 $0.00000 $0.00000 $0.00000 $0.00667
12/21/2015 12/23/2015 12/28/2015 $0.01625 $0.00000 $0.00000 $0.00000 $0.01625