Fund Description: WisdomTree Managed Futures Strategy Fund is an actively managed exchange-traded fund or Actively Managed ETF which is a separate investment portfolio of the WisdomTree Trust, an open-ended investment management company. INVESTMENT OBJECTIVE: The WisdomTree Managed Futures Strategy Fund seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad market equity or fixed income returns. The Fund is an actively managed exchange-traded fund and thus does not seek to replicate the performance of a specified index, however, an actively managed ETF may have an index-based benchmark. The Fund is managed using a quantitative, rules-based strategy designed to provide returns that correspond to the performance of the Diversified Trends Indicator (the Benchmark). BENCHMARK DESCRIPTION: Diversified Trends Indicator and Fund consist of nine commodity sectors, Energy, Grains, Precious Metals, Industrial Metals, Livestock, Coffee, Cocoa, Cotton, Sugar and eight financial sectors, the Australian dollar, British pound, Canadian dollar, Euro, Japanese yen, Swiss franc, U.S. Treasury Notes and U.S. Treasury bonds, each, a Sector. When the Energy Sector is long the Fund’s exposure will be weighted evenly between commodities and financials (approximately 50% each). When the Energy Sector is flat the Fund’s exposure will be weighted approximately 60% to financials and approximately 40% to commodities. Subject to the above limitations, a Base Weight for each Sector is set depending on whether the energy Sector is long or flat. Commodity Sectors that have higher historical production levels, and financial Sectors from countries with higher Gross Domestic Product, have a higher Base Weight in the Benchmark and Fund. The weight of each Sector fluctuates intra-month based on the return of each Sector, but each Sector is reset back to its Base Weight at the end of each month and year. FUND STRATEGY: The Fund invests substantially all of its assets in a combination of commodity and currency-linked investments, U.S. government securities and money market instruments whose collective performance is designed to correspond to the performance of the Benchmark. The Fund’s commodity- and currency-linked investments generally are limited to investments in listed futures contracts, forward currency contracts and swap transactions that provide exposure to commodity and non-U.S. currency returns. The Fund will invest in listed U.S. Treasury futures and also may invest directly in U.S. Treasury notes and bonds. The Fund also may invest in structured notes based on commodities. The Fund does not invest directly in physical commodities. The Fund attempts to capture the economic benefit derived from rising and declining trends based on the moving average price changes of commodity, currency and U.S. Treasury futures. In an attempt to capture these trends, the Fund’s investments are positioned as either long or short with the exception of the Energy Sector. The Fund will not hold more than 25% of its assets in any one industry. For these purposes, the components of the Benchmark (e.g., gold, natural gas) will be considered a separate industry. Neither the Fund nor the Benchmark is leveraged. FUND MANAGEMENT: WisdomTree Asset Management, Inc. serves as the investment adviser to the Fund. Mellon Capital Management Corporation serves as sub-adviser to the Fund.