WisdomTree Announces Launch of 1-3 Year Laddered Treasury (USSH) and 7-10 Year Laddered Treasury (USIN) Funds
March 14 2024 - 8:00AM
Business Wire
WisdomTree, Inc. (NYSE: WT), a global financial innovator, today
announces the launch of two new funds: the 1-3 Year Laddered
Treasury (USSH) and 7-10 Year Laddered Treasury (USIN) funds, both
on the NASDAQ. USSH and USIN seek to track the price and yield
performance, before fees and expenses, of the Bloomberg U.S.
Treasury 1-3 Year Laddered Index and the Bloomberg U.S. Treasury
7-10 Year Laddered Index, respectively. Both funds have expense
ratios of 0.15%.
USSH and USIN are centered around the short-term (1-3 years) and
intermediate-term (7-10 years) parts of the U.S. Treasury yield
curve, which are aimed to offer greater flexibility in securing
high-quality income and risk management potential. These Funds are
expected to complement the WisdomTree Floating Rate Treasury Fund
(USFR on the NYSE Arca) by offering investors additional options
for positioning portfolios during different market and economic
conditions.
“We’re excited to launch USSH and USIN, strategically expanding
our Treasury suite of funds and enabling WisdomTree to now offer
even more diverse options to investors for different rate
settings,” said Kevin Flanagan, Head of Fixed Income Strategy at
WisdomTree. “These Funds are straightforward, utilizing a
time-tested fixed-income type of strategy. In an environment where
fixed income yields have returned to more ‘normal’ levels,
investors can now take advantage of this new rate regime by
obtaining risk-mitigated yield in Treasuries.”
USSH and USIN: What’s Under the Hood? The WisdomTree 1-3
Year Laddered Treasury Fund (USSH) and the WisdomTree 7-10 Year
Laddered Treasury Fund (USIN) seek to provide targeted laddered
exposure to the most recently issued Treasuries in those
ranges:
- Equally weighted across the months and quarters in the 1-3 year
and 7-10 year maturity bands, respectively
- For USSH, securities move in and out of the index each month,
while USIN rotates securities on a quarterly basis in line with
Treasury issuance patterns (February, May, August, and
November).
- At each reconstitution, the shortest maturity falls out and the
newly auctioned note is added for both funds. Additionally, for
USSH, seasoned 3-year Treasury notes will also fall out to
accommodate newly auctioned 2-year notes.
- For each fund, the underlying index re-establishes equal
weighting at the end of each month.
Investors should carefully consider the investment
objectives, risks, charges and expenses of the Funds before
investing. To obtain a prospectus or, if available, the summary
prospectus containing this and other important information, please
call 866.909.9473 or visit WisdomTree.com/investments. Investors
should read the prospectus or, if available, the summary prospectus
carefully before investing.
WisdomTree Funds are distributed by Foreside Fund Services, LLC.
Kevin Flanagan is a registered representative of Foreside Fund
Services, LLC.
Important Risk Information There are risks associated
with investing, including possible loss of principal. Because the
Funds are new, there is no performance history. Investing in U.S.
Treasury obligations may provide relatively lower returns than
those of other securities. Changes to the financial condition or
credit rating of the U.S. government may cause the value to
decline. Fixed income securities are subject interest rate, credit,
inflation, and reinvestment risks. As interest rates rise, the
value of fixed-income securities fall. Please read each Fund's
prospectus for specific details regarding each Fund's risk
profile.
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 www.wisdomtreeprime.com or the WisdomTree
Prime mobile app for more information. Foreside Fund Services, LLC,
(FFS) is not affiliated with WisdomTree, Inc. and its subsidiaries.
FFS does not provide digital wallet or digital asset services.
WisdomTree currently has approximately $105.5 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.
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Media Relations WisdomTree, Inc. Jessica Zaloom +1.917.267.3735
jzaloom@wisdomtree.com / wisdomtree@fullyvested.com
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