NEW YORK, February 17, 2022 (GLOBE NEWSWIRE) – WisdomTree Investments, Inc. (NASDAQ: WETF), a sponsor of the Exchange Fund (“ETF”) and Exchange Product (“ETP”) and Asset Manager, announced today the launch of the WisdomTree Battery (WBAT) value chain and innovation fund on the CBOE. WBAT seeks to track price and profitability, excluding fees and costs, value chain and innovation WisdomTree Battery Index (WTBAT) and has a cost ratio of 0.45%.
“As the world switches to renewable energy due to environmental and technological factors, we expect that the demand for electric vehicles and batteries that are important for their development is growing,” said Jeremy Schwartz, Director of Global WisdomTree investment. “The WisdomTree Battery Chain Value Chain and Innovation Fund (WBAT) was created for investors who want to learn about battery technology and the megatrend of energy conversion.”
WisdomTree focuses on bringing many of our innovative solutions to the global investor base; WBAT joins the $ 541 million strategy1 – WisdomTree Battery Solutions UCITS ETF (VOLT), which WisdomTree Europe launched on the London Stock Exchange, Borsa Italiana and Börse Xetra in March 2020.
WBAT: what’s under the hood? Thanks to its diversified exposure, which seeks to identify companies in the value chain of batteries and energy storage solutions (“BESS”), and innovation, WBAT focuses on the following categories:
Raw materials – companies that focus on the extraction of raw materials for batteries or the extraction of chemicals specifically used for BESSManufacturing – companies that recycle materials for batteries or otherwise develop, build or manufacture rechargeable cells, packages and / or components. new applications related to BESSEnablers – companies that develop battery building block components or provide additional products or technologies. serve these innovative technologies, especially those related to BESS.
Investors should carefully consider the investment objectives, risks, fees and expenses of the fund before investing. To obtain a prospectus containing this and other important information, call 866.909.9473 or visit wisdomtree.com. Read the prospectus carefully before investing.
There are risks associated with investing, including possible loss of principal.
There are risks associated with investing, including possible loss of principal. The fund invests in equity securities of listed companies around the world involved in investment solutions for battery and energy solutions (“BESS”) and innovation. The value chain of BESS companies is divided into four categories: raw materials, production, incentives and new technologies. Innovative companies are companies that present a new, creative or other technological product or service in an effort to potentially change the industry landscape, as well as companies that serve these innovative technologies. The Fund invests in securities that are included in its Index or represent it, regardless of their investment value. The Fund is not trying to surpass its Index or take defensive positions in declining markets, and the Index may not work as expected. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.
Statements of financial market trends are based on current market conditions that will fluctuate.
WisdomTree funds are distributed by Foreside Fund Services LLC in the United States only. Ltd. Foreside Fund Services. not affiliated with the other organizations mentioned.
Jeremy Schwartz is a registered representative of Foreside Fund Services, LLC.
WTPR – 20220209-0160
About WisdomTree WisdomTree Investments, Inc., through its subsidiaries in the United States and Europe (jointly with WisdomTree), is a sponsor of the ETF and ETP and an asset manager headquartered in New York. WisdomTree offers products that cover capital, commodities, fixed income, leverage and reverse, currency, cryptocurrency and alternative strategies. WisdomTree currently has assets under management of approximately $ 73.5 billion worldwide.
WisdomTree® is the marketing name of WisdomTree Investments, Inc. and its subsidiaries worldwide.
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—————————————————————————— 1 ETF Assets (VOLT) The WisdomTree Battery Solutions is under management, as of 2/14/22
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