WisdomTree Launches BioRevolution Fund (WDNA)
June 03 2021 - 8:30AM
WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded
fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset
manager, announced today the launch of the WisdomTree BioRevolution
Fund (WDNA) on the CBOE. WDNA seeks to track the price and yield
performance, before fees and expenses, of the WisdomTree
BioRevolution Index (WTDNA), and has an expense ratio of 0.45%.
“The biology revolution is creating a historic investment
opportunity equivalent to the industrial and internet revolutions,”
said Jeremy Schwartz, Global Head of Research at WisdomTree. “The
WisdomTree BioRevolution Fund offers diversified exposure to a
basket of companies that we believe is uniquely positioned to seize
the opportunity at the intersection of biology and technology. This
launch represents the latest in our ongoing commitment to offering
investors innovative investment opportunities.”
WisdomTree leveraged data from Dr. Jamie Metzl, one of the
world’s leading technology futurists1 and Special Strategist for
WisdomTree, in its construction of the WisdomTree BioRevolution
Index, which identifies the key sectors and industries that are
expected to be most significantly transformed by advances in
biological science and technology.
“The genetics and biotechnology revolutions won’t just change
our healthcare systems, allowing us to live healthier and longer
lives,” explained Dr. Jamie Metzl, author of Hacking Darwin:
Genetic Engineering and the Future of Humanity. “They will also
fundamentally transform our world far beyond healthcare. The same
technologies driving healthcare innovation will have a seismic
impact on industries including agriculture, materials, energy, and
information processing, revolutionizing the ways we treat disease,
grow food, produce materials, and process data. If the nineteenth
was the century of chemistry and the twentieth of physics, the
twenty-first will be the century of biology. I am delighted to be
collaborating with the amazing team at WisdomTree in uncovering the
massive opportunities of this historic megatrend.”
WDNA: What’s Under the Hood?The WisdomTree
BioRevolution Fund merges both qualitative and quantitative
evaluations of eligible stocks in an effort to identify a portfolio
of best-in-class companies working at the forefront of these
biological breakthroughs through the following themes:
- Human Health: The application of genetic
technologies to prevent and treat diseases will lead to significant
enhancements to human health, well-being and longevity, with
vaccine development being a top example.
- Agriculture & Food: The genetics and
biotechnology revolutions will increasingly transform agriculture,
aquaculture, and food production, creating healthier and more
sustainable models for feeding the growing population.
- Materials, Chemicals, & Energy: Biological
reengineering will be used to produce an increasing percentage of
the physical inputs needed for manufacturing.
- Biological Machines & Interfaces: DNA has
approximately one million times greater storage capacity than
hard-disk storage and has the potential to revolutionize data
storage.
Investors should carefully consider the investment
objectives, risks, charges 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 you invest.
There are risks associated with investing, including possible
loss of principal.
The Fund invests in BioRevolution companies, which are companies
significantly transformed by advancements in genetics and
biotechnology. BioRevolution companies face intense competition and
potentially rapid product obsolescence. These companies may be
adversely affected by the loss or impairment of intellectual
property rights and other proprietary information or changes in
government regulations or policies. Additionally, BioRevolution
companies may be subject to risks associated with genetic analysis.
The Fund invests in the securities included in, or representative
of, its Index regardless of their investment merit and the Fund
does not attempt to outperform its Index or take defensive
positions in declining markets. The composition of the Index is
governed by an Index Committee and the Index may not perform as
intended. Please read the Fund’s prospectus for specific details
regarding the Fund’s risk profile.
Statements concerning trends in the fields, industries and
sectors discussed are based on current conditions, which will
fluctuate. This material represents an assessment of trends
discussed at a specific time and is not intended to be a forecast
of future events or a guarantee of future results. Thismaterial
should not be relied upon as research or investment advice. The
user of this information assumes the entire risk of any use made of
the information provided herein.
WisdomTree Funds are distributed by Foreside Fund Services LLC,
in the U.S. only. Foreside Fund Services LLC is not affiliated with
the other entities mentioned.
Jeremy Schwartz is a registered representative of Foreside Fund
Services, LLC.
1 Technology futurist: One who studies or predicts the future
based on current trends in technology
WTPR-20210527-0120
About
WisdomTreeWisdomTree Investments, Inc., through its
subsidiaries in the U.S. and Europe (collectively, “WisdomTree”),
is an exchange-traded fund (“ETF”) and exchange-traded product
(“ETP”) sponsor and asset manager headquartered in New York.
WisdomTree offers products covering equities, commodities, fixed
income, leveraged and inverse, currencies, and alternative
strategies. WisdomTree currently has approximately $69.3 billion in
assets under management globally. For more information,
please visit www.wisdomtree.com or follow us on Twitter
@WisdomTreeETFs.
WisdomTree® is the marketing name for WisdomTree Investments,
Inc. and its subsidiaries worldwide.
Contact
Information:
Media RelationsWisdomTree Investments, Inc.Jessica
Zaloom+1.917.267.3735Jzaloom@wisdomtree.com /
wisdomtree@fullyvested.com
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