WisdomTree AT1 CoCo Bond UCITS ETF USD Acc

This exchange-traded fund (ETF) aims to replicate the performance of an index that invests in US dollar-denominated Additional Tier 1 (AT1) contingent convertible (CoCo) bonds. These bonds are hybrid debt instruments issued by banks, designed to absorb losses if the issuer's capital falls below a specific threshold. They offer potentially higher yields in exchange for greater risk, and the income generated by the fund is automatically reinvested.