WisdomTree Reports Monthly Metrics for January 2024
February 12 2024 - 8:30AM
Business Wire
AUM hits record high for 3rd consecutive month
Positive flow momentum in higher fee products
WisdomTree, Inc. (NYSE: WT), a global financial innovator, today
released monthly metrics for January 2024, including assets under
management (AUM) and flow data by asset class.
Monthly Commentary:
- Robust ~$1 billion of net inflows generated a 21% pace of YTD
organic growth across the equity franchise (U.S. + International
Developed Markets + Emerging Markets)
- Positive fee impact from strong flows into a mix of high fee
funds such as Japan Hedged Equity Fund (DXJ) (0.48% fee rate, +$405
million net inflows), India Earnings Fund (EPI) (0.85% fee rate,
+$226 million net inflows) and U.S. Quality Dividend Growth Fund
(DGRW) (0.28% fee rate, +$248 million net inflows) outpace outflows
in Floating Rate Treasury Fund (USFR) (0.15% fee rate, -$412
million net outflows)
- Outflows in Commodity & Currency category driven primarily
by profit taking and de-risking in Oil and Gold products, partially
offset by strength in Copper flows
- Launched WisdomTree Bitcoin Fund (BTCW) in the U.S.
- Expanded WisdomTree Prime™ to 38 states and nearly 70% of the
U.S. population
As of January 31, 2024
AUM Rollforward ($ in
millions)
Annualized Flow Rate
MTD / QTD / YTD
MTD / QTD / YTD
Beginning of Period Total AUM
$100,124
Total Net
Flows
U.S. Equity
$397
16.0%
International Dev. Mkt Equity
$447
34.9%
Emerging Market Equity
$152
16.7%
Fixed Income
($342)
(19.0%)
Commodity & Currency
($443)
(24.4%)
Alternatives
$9
29.4%
Cryptocurrency
$59
168.2%
Leveraged & Inverse
($12)
(7.6%)
Total Net Flows
$268
3.2%
Market Move
($114)
Current Total AUM
$100,278
Average Total AUM
$99,795
Blended Total Average Fee Rate
36 bps
Source: https://ir.wisdomtree.com/
Please visit https://ir.wisdomtree.com/ for downloadable
spreadsheets containing detailed AUM and flow data by asset class
and fund broken out by daily, monthly, quarterly and annual
timeframes.
About WisdomTree
WisdomTree is a global financial innovator, offering a
well-diversified suite of exchange-traded products (ETPs), models,
solutions and products leveraging blockchain-enabled technology. We
empower investors and consumers to shape their future and support
financial professionals to better serve their clients and grow
their businesses. WisdomTree is leveraging the latest financial
infrastructure to create products that provide access, transparency
and an enhanced user experience. Building on our heritage of
innovation, we are also developing and have launched
next-generation digital products, services and structures,
including digital or blockchain-enabled mutual funds and tokenized
assets, as well as our blockchain-native digital wallet, WisdomTree
Prime™.*
*The WisdomTree Prime digital wallet and digital asset services
are made available through WisdomTree Digital Movement, Inc. (NMLS
ID: 2372500) in select U.S. jurisdictions and may be limited where
prohibited by law. Visit https://www.wisdomtreeprime.com or the
WisdomTree Prime mobile app for more information.
WisdomTree currently has approximately $100.3 billion in assets
under management globally.
For more information about WisdomTree and WisdomTree Prime™,
visit: https://www.wisdomtree.com.
Please visit us on X, formerly known as Twitter, at
@WisdomTreeNews.
WisdomTree® is the marketing name for WisdomTree, Inc. and its
subsidiaries worldwide.
PRODUCTS AND SERVICES AVAILABLE VIA WISDOMTREE PRIME:
NOT FDIC INSURED | NO BANK GUARANTEE | NOT A BANK DEPOSIT |
MAY LOSE VALUE | NOT SIPC PROTECTED | NOT INSURED BY ANY GOVERNMENT
AGENCY
The products and services available through the WisdomTree Prime
app are not endorsed, indemnified or guaranteed by any regulatory
agency.
Cautionary Statement Regarding Forward-Looking
Statements
This press release may contain a number of “forward-looking
statements” as defined in the Private Securities Litigation Reform
Act of 1995. These forward-looking statements include, but are not
limited to, statements about our ability to achieve our financial
and business plans, goals and objectives and drive stockholder
value, including with respect to our ability to successfully
implement our strategy relating to WisdomTree Prime™, our ability
to continue to make achievements in AUM, levels of net inflows and
other risk factors discussed from time to time in WisdomTree’s
filings with the Securities and Exchange Commission (“SEC”),
including those factors discussed under the caption “Risk Factors”
in our most recent annual report on Form 10-K, filed with the SEC
on February 28, 2023, and in subsequent reports filed with or
furnished to the SEC. These forward-looking statements are based on
WisdomTree’s management’s current expectations, estimates,
projections and beliefs, as well as a number of assumptions
concerning future events. These forward-looking statements are not
guarantees of future performance, conditions or results, and
involve a number of known and unknown risks, uncertainties,
assumptions and other important factors, many of which are outside
WisdomTree’s management’s control, that could cause actual results
to differ materially from the results discussed in the
forward-looking statements. Forward-looking statements included in
this release speak only as of the date of this release. WisdomTree
does not undertake any obligation to update its forward-looking
statements to reflect events or circumstances after the date of
this release except as may be required by the federal securities
laws.
Category: Business Update
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version on businesswire.com: https://www.businesswire.com/news/home/20240212187142/en/
Media Relations WisdomTree, Inc. Jessica Zaloom +1.917.267.3735
jzaloom@wisdomtree.com / wisdomtree@fullyvested.com
Investor Relations WisdomTree, Inc. Jeremy Campbell
+1.646.522.2602 Jeremy.Campbell@wisdomtree.com
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