WisdomTree Announces New Economy Real Estate Fund (WTRE)
20 April 2022 - 11:00PM
WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded
fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset
manager, announced today that WisdomTree’s Global ex-U.S. Real
Estate Fund (DRW) has been restructured into WisdomTree’s New
Economy Real Estate Fund (WTRE). Listed on the NYSE, WTRE seeks to
track the price and yield performance, before fees and expenses, of
the CenterSquare New Economy Real Estate Index (CSNERE), and the
total expense ratio is 0.58%.
WisdomTree’s New Economy Real Estate Fund provides investors
with access to real estate companies that have exposure to
technology, science and/or e-commerce related business activities
such as data centers, telecommunication towers and logistics
warehouses.
“The WisdomTree New Economy Real Estate Fund represents an
exciting opportunity at the intersection of thematic investing and
real estate by providing investors with access to the
technology-focused real estate sector poised for expected growth in
an efficient, transparent and straightforward way,” said Jeremy
Schwartz, Global Chief Investment Officer at WisdomTree. “From the
rise in e-commerce sales necessitating the build out of supply
chain infrastructure to the pandemic accelerating the existing
robust and growing need for data storage, it’s clear
technology-focused businesses within real estate have only grown in
their impact.”
To capture this exciting thematic investment opportunity within
WTRE, WisdomTree has licensed the CSNERE from CenterSquare
Investment Management LLC (CenterSquare), a global investment
manager that has developed a proprietary “technology score,” which
scores real estate and real estate related companies on a scale
from 1-10 on their positive sensitivity to technology. Companies
with a score less than 7 are eliminated from the CSNERE.
“CSNERE applies more than 25 years of REIT investment
experience to a rules-based security selection process
that filters the global universe to identify those real estate
and real estate related securities best positioned to capture the
favorable demand patterns of the new economy,” said Scott
Crowe, Chief Investment Strategist at CenterSquare. “We are
excited to be working with WisdomTree to offer investors access to
this compelling investment approach.”
WTRE: What’s Under the Hood?The WisdomTree New
Economy Real Estate Fund merges both qualitative and quantitative
evaluations of eligible stocks in an effort to identify a portfolio
of real estate securities that are technology focused, have
attractive growth and valuation characteristics relative to the
investable universe and offer the diversification benefits
associated with certain megatrends, such as:
- Cloud Computing
- 4G and 5G
Connectivity
- Logistics/Supply
Chain
- Life Sciences
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. Foreign investing involves special risks, such
as risk of loss from currency fluctuation or political or economic
uncertainty. Investments in real estate involve additional special
risks, such as credit risk, interest rate fluctuations, decreases
in property value and the effect of varied economic conditions. The
fund invests a significant portion of its assets in the
communication services sector. This sector can be significantly
affected by, among other things, government intervention and
regulation, technological innovations that make existing products
and services obsolete, and consumer demand. 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.
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- 20220418-0168
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 $78 billion in assets under management globally.
WisdomTree® is the marketing name for WisdomTree Investments,
Inc. and its subsidiaries worldwide.
About CenterSquare Investment Management
LLCFounded in 1987, CenterSquare Investment Management is
an independent, employee-owned real asset manager focused on listed
real estate, private equity real estate and private real estate
debt. As a trusted fiduciary, our success is firmly rooted in
aligning our interests with those of our clients, partners and
employees. CenterSquare is headquartered in suburban Philadelphia,
with offices in New York, Los Angeles, London and Singapore. With
more than $15 billion in assets under management (March 2022),
CenterSquare is proud to manage investments on behalf of some of
the world’s most well-known institutional and private investors.
For more information, visit www.centersquare.com or follow us on
LinkedIn or Twitter.
Contact InformationMedia RelationsWisdomTree
Investments, Inc.Jessica
Zaloom+1.917.267.3735jzaloom@wisdomtree.com /
wisdomtree@fullyvested.com
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