WISDOMTREE ANNOUNCES Rate Changes for Affected Securities
News related to:WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY (THE “ISSUER”) · 2 min read
WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY, a public company incorporated with limited liability in Ireland, has announced changes to the stock borrow rate and funding spread for the affected securities. The changes affect four leveraged and four short-term securities, all of which are part of the WisdomTree Multi Asset Issuer Public Limited Company portfolio. The affected securities include WisdomTree S&P 500 3X Daily Leveraged, WisdomTree NASDAQ 100 3X Daily Leveraged, WisdomTree Magnificent 7 3X Daily Leveraged, and WisdomTree PHLX Semiconductor 3X Daily Leveraged. These securities are also known as the FS Affected Securities. Additionally, the WisdomTree S&P 500 3X Daily Short, WisdomTree NASDAQ 100 3X Daily Short, WisdomTree Magnificent 7 3X Daily Short, and WisdomTree PHLX Semiconductor 3X Daily Short are also part of the portfolio and are referred to as the SBR Affected Securities.
The changes are based on a notification from BNP Paribas, the Swap Provider for the affected securities, who has informed the Issuer of its intention to amend the Funding Spread for the FS Affected Securities and the Stock Borrow rate for the SBR Affected Securities. The Rate Changes are detailed in Annex 1, which is attached to this release.
The Trustee, the Manager, and the Issuer have entered into an omnibus amendment deed to amend the Supplemental Trust Deeds relating to the affected securities to implement the Rate Changes. The effective date of the Affected Securities Amendments is set for October 1, 2026.
The changes are significant as they affect the performance and risk profile of the affected securities, which are leveraged and short-term securities designed to amplify the performance of the S&P 500, NASDAQ 100, Magnificent 7, and PHLX Semiconductor indices. The changes will impact investors who hold these securities, as they will be subject to different funding and borrowing costs, which can affect the overall performance of their investments.
BNP Paribas, acting as the Swap Provider, has been notified by the Issuer of its intention to amend the Funding Spread for the FS Affected Securities and the Stock Borrow rate for the SBR Affected Securities. The Trustee, the Manager, and the Issuer have entered into an omnibus amendment deed to implement these changes, which will take effect on October 1, 2026.