Goodbody ISEQ20 Wisdomtree closed

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margaret1

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We had an investment with Goodbody of approx €25k, carried over from Danske bank closure in 2015.

On checking the Goodbody online portfolio today I noticed that the Wisdomtree ISEQ20 investment is closed and replacement cash was lodged to the holding account.
I contacted Goodbody as no notification was received previously or since. They apologised and said it was a mandatory fund closure so we were not notified.

Is any other Goodbody client in the same position with this fund?
We would appreciate any thoughts or suggestions on other investments.

Thank you.
 

Mandatory redemption of the ISEQ 20 ETF

I got a letter from Davy this morning telling me that my Wisdom Tree ISEQ 20 UCITS ETF has been redeemed. It was the first I had heard of it. And I didn't have any options. The redemption was mandatory. There was no option to merge with another ETF or switch to another ETF. The problem for...
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Thank you AAAContributor. I just noticed Brendan's recent post. I am sure there will be many of us in similar circumstances.
A notification from our stockbrokers would have been appreciated.
 
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