WisdomTree FTSE MIB Banks
ITBL.MI
Italian Stock Exchange- -
EUR
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 3 Lombard Street London Ireland EC3V 9AA
- IPO Date
- Nov 24, 2016
- Website
- wisdomtree.eu
- Similar Companies
- Business
- WisdomTree FTSE MIB Banks (ITBL.MI) is an exchange-traded product (ETP) issued by WisdomTree Multi Asset Issuer PLC that seeks to track the total return performance of the FTSE MIB Banks 15% Capped Net Tax Index, after fees; this index measures the performance of constituents from Italy's FTSE MIB Index classified as banks under Industry Classification Benchmark rules, market capitalization weighted with float adjustments and individual constituent caps at 15%, rebalanced quarterly in March, June, September, and December. The ETP employs a fully collateralized swap-based replication method, with physical collateral held by custodian Bank of New York Mellon and swap provision by BNP Paribas Arbitrage SNC; it offers UCITS eligibility, transparency in performance and fees (annual management fee of 0.35% and swap rate of 0.39%), liquidity via exchange trading on Borsa Italiana and other venues with authorized participants and market makers, and risk management limited to the invested amount. Launched on November 24, 2016, and domiciled in Ireland with ISIN IE00BYMB4Q22, the product targets investors seeking sector-specific exposure to the Italian banking industry and is available for sale in Austria, Germany, Ireland, Italy, Norway, and the United Kingdom. The ETP provides targeted access to major Italian banks including those comprising the FTSE MIB banking segment, serving institutional and retail investors focused on European financial services; its collateral coverage exceeds 105% as of mid-2025, ensuring over-collateralization and daily mark-to-market protections. In recent developments, WisdomTree Multi Asset Issuer PLC released interim financial statements for the period ended June 30, 2025, reflecting ongoing operational stability amid strong year-to-date performance exceeding 31% as of July 2025; assets under management stood at approximately 29.37 million EUR with fund flows of 5.41 million EUR over the prior year, underscoring sustained investor interest in Italian banking sector exposure.