WisdomTree Announces Launch of WisdomTree Bianco Total Return Fund (WTBN)
December 20 2023 - 9:00AM
Business Wire
WisdomTree, Inc. (NYSE: WT), a global financial innovator,
announced today the launch of the WisdomTree Bianco Total Return
Fund (WTBN) on the NASDAQ. WTBN seeks to track the price and yield
performance, before fees and expenses, of the Bianco Research Fixed
Income Total Return Index, created by Bianco Research LLC, an
investment and financial analytics firm, and has an expense ratio
of 541 basis points2 after fee waivers.
The Bianco Research Fixed Income Total Return Index employs a
multi-step rules-based process that strives to outperform a
market-cap weighted universe of US Dollar denominated debt by
tilting exposures to select factors that have been historically
recognized to drive fixed income performance.
“By offering differentiated positioning relative to the market
universe, Bianco Research’s innovative strategies expand the reach
of our fixed income products and portfolio. The WisdomTree Bianco
Total Return Fund allows investors to gain access to the Bianco
Research investment philosophy through the tracking of the Bianco
Research Fixed Income Total Return Index,” said Rick Harper, Chief
Investment Officer, Fixed Income at WisdomTree. “The Index utilizes
a fund of funds structure resulting in a comprehensive portfolio
consistent with the investment process developed by Bianco
Research.”
“Bianco Research and WisdomTree are regarded for offering
data-driven analysis on the financial markets and a shared
commitment of helping clients achieve growth. It is a natural
progression in our relationship for the WisdomTree Bianco Total
Return Fund to track the Bianco Research Fixed Income Total Return
Index, which invests in other bond ETFs to help clients diversify
their assets. This is a well-timed strategy as we have seen
tremendous volatility in the bond market in 2023 and prepare to
turn the page on 2024,” said Jim Bianco, President and Macro
Strategist at Bianco Research LLC.
WTBN: What’s Under the Hood?
As a passively managed fund of funds based on the Bianco
Research Fixed Income Total Return Index, WTBN utilizes a market
efficient strategy based on macro and fundamental factors:
- Screening The Universe: Starting with a universe of
United States domiciled passively managed ETFs ensuring proper
liquidity
- Total Return Factors: Use factor-based analysis to
determine portfolio structure
- Implementation: Implementation of potentially profitable
deviations from the benchmark
Investors should carefully consider the investment
objectives, risks, charges and expenses of the Funds before
investing. To obtain a prospectus containing this and other
important information, please call 866.909.9473 or visit
WisdomTree.com/investments to view or download a prospectus.
Investors should read the prospectus carefully before
investing.
WisdomTree Funds are distributed by Foreside Fund Services,
LLC.
Important Risk Information
There are risks associated with investing, including possible
loss of principal. Fixed income investments are subject to interest
rate risk; their value will normally decline as interest rates
rise. Fixed income investments are also subject to credit risk, the
risk that the issuer of a bond will fail to pay interest and
principal in a timely manner, or that negative perceptions of the
issuer’s ability to make such payments will cause the price of that
bond to decline. While the Fund attempts to limit credit and
counterparty exposure, the value of an investment in the Fund may
change quickly and without warning in response to issuer or
counterparty defaults and changes in the credit ratings of the
Fund’s portfolio investments. 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. Please read
the Fund’s prospectus for specific details regarding the Fund’s
risk profile. Past performance is not indicative of future results.
Diversification does not eliminate the risk of loss.
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.
WisdomTree currently has approximately $99.5 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.
1 Fee waiver is contractual through
12/31/2024
2 Basis Points: 1/100th of 1 percent
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Media Relations WisdomTree, Inc. Jessica Zaloom +1.917.267.3735
jzaloom@wisdomtree.com / wisdomtree@fullyvested.com
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