WisdomTree AT1 CoCo Bond UCITS ETF USD Hedged

This exchange-traded fund (ETF) invests in contingent convertible bonds (AT1 CoCo bonds), which are subordinated debt instruments primarily issued by financial institutions. These bonds offer potentially high yields in exchange for higher risk, as they can convert into equity or be written down under certain conditions. The fund employs USD currency hedging to mitigate foreign exchange risk.