WisdomTree Launches Battery Value Chain and Innovation Fund (WBAT)
February 17 2022 - 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 Battery Value
Chain and Innovation Fund (WBAT) on the CBOE. WBAT seeks to track
the price and yield performance, before fees and expenses, of the
WisdomTree Battery Value Chain and Innovation Index (WTBAT), and
has an expense ratio of 0.45%.
“As the world shifts towards renewable energy, due to
environmental and technological drivers, we expect a growing demand
for electric vehicles and the batteries central to their
development,” said Jeremy Schwartz, Global Chief Investment Officer
at WisdomTree. “The WisdomTree Battery Value Chain and Innovation
Fund (WBAT) was built for investors looking to gain exposure to
battery technologies and the megatrend of energy
transformation.”
WisdomTree is focused on bringing many of our innovative
solutions to a global investor base; WBAT joins the $541 million1
strategy the 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?With diversified
exposure that seeks to identify companies in the value chain of
battery and energy storage solutions (“BESS”), and innovation, WBAT
focuses on the following categories:
- Raw Materials - companies that focus on raw
battery materials mining or extracting chemicals specifically used
for BESS
- Manufacturing - companies that process battery
materials or otherwise develop, build or manufacture battery cells,
packs and/or components
- Emerging Technologies - companies that use new
battery storage technologies or develop new applications related to
BESS
- Enablers - companies that develop the battery
building block components or provide complementary products or
technologies
- Innovation - companies that introduce a new,
creative, or different technologically enabled product or service
in seeking to potentially change an industry landscape, as well as
companies that service those innovative technologies, particularly
those related to BESS.
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.
There are risks associated with investing, including possible
loss of principal. The Fund invests in equity securities of
exchange-listed companies globally involved in the investment
themes of Battery and Energy Storage Solutions (“BESS”) and
Innovation. The value chain of BESS companies is divided into four
categories: Raw Materials, Manufacturing, Enablers and Emerging
Technologies. Innovation companies are those that introduce a new,
creative or different technologically enabled product or service in
seeking to potentially change an industry landscape, as well as
companies that service those innovative technologies. The Fund
invests in the securities included in, or representative of, its
Index regardless of their investment merit. The Fund does not
attempt to outperform its Index or take defensive positions in
declining markets and the Index may not perform as intended. 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 concerning financial market trends are based on
current market conditions, which will fluctuate.
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.
WTPR--20220209-0160
About WisdomTreeWisdomTree Investments, Inc.,
through its subsidiaries in the U.S. and Europe (collectively,
“WisdomTree”), is an ETF and ETP sponsor and asset manager
headquartered in New York. WisdomTree offers products covering
equity, commodity, fixed income, leveraged and inverse, currency,
cryptocurrency and alternative strategies. WisdomTree currently has
approximately $73.5 billion in assets under management
globally.
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
__________________________1 The WisdomTree Battery Solutions
UCITS ETF’s (VOLT) assets under management, as of 02/14/22
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