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Security Profile
- Security Type
- Index ETF
- CUSIP
- 97717Y717
- Market Cap
- Micro Cap · $2 Million
- IPO
- 5/22/2019
Fund Description: WiWisdomTree Modern Tech Platforms Fund is an exchange-traded index fund or Index ETF which is a separate investment portfolio of WisdomTree Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The WisdomTree Modern Tech Platforms Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Modern Tech Platforms Index. INDEX DESCRIPTION: The WisdomTree Modern Tech Platforms Index is designed to provide exposure to companies listed on a U.S. or European stock exchange, which generate revenue from business lines active in modern platforms or digital marketplaces based upon several factors such as: (i) business model; (ii) customer or participant relationship; and (iii) revenue source. Eligible businesses include platform types such as the following: payment, social networking, social gaming, communication, content and development. A modern platform business is a multi-sided business model focused on creating value by facilitating interactions between two or more interdependent groups through technology. These businesses are positioned to benefit from the network effect, which is the positive effect on the value of a good or service as the number of customers or participants increases. The Index is reconstituted and rebalanced annually. FUND STRATEGY: The Fund employs a passive management or indexing investment approach designed to track the performance of the Index. The Fund attempts to invest all, or substantially all, of its assets in the stocks that make up the Index. The Fund generally uses a Representative Sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics closely resemble the risk, return and other characteristics of the Index as a whole. Under normal circumstances, at least 80% of the Fund’s total assets (exclusive of collateral held from securities lending) will be invested in component securities of the Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. FUND MANAGEMENT: WisdomTree Asset Management, Inc. serves as the investment advisor to the Fund. Mellon Investments Corp. serves as sub-adviser to the Fund.
Company Contact
- Headquarters
- 245 Park Avenue, 35th Floor, New York, NY 10167
- Phone
- 866-909-9473 · Toll-Free 866-909-9473
- Investor Relations
- Jason Weyeneth, CFA · 917-267-3858 · JWeyeneth@wisdomtree.com