UPDATE: LISTED ON THURSDAY, JANUARY 28, 2021
WisdomTree Cybersecurity Fund
Ticker: WCBR
Exchange: NASDAQ Stock Market LLC
Expense ratio: 0.45%
Original filing date: October 14, 2020
Effective date: January 15, 2021
Listing Date: January 29, 2021
CUSIP:
Active: No
Index: WisdomTree Team8 Cybersecurity Index
Investment Objective: WCBR seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Team8 Cybersecurity Index.
Investment Strategy:
The WisdomTree Team8 Cybersecurity Index is designed to track the performance of companies primarily involved in providing cyber security-oriented products that meet Index eligibility requirements. The Index was established on October 30, 2020.
Constituents: 25
Adviser: WisdomTree Asset Management, Inc.
Sub-Adviser: Mellon Investments Corporation
Prospectus is here.
Index Methodology:
https://www.wisdomtree.com/-/media/us-media-files/documents/resource-library/pdf/research/methodologies/core-equity-index-methodology.pdf
MORE ETF HEARSAY
The Index is designed to provide exposure to equity securities of exchange-listed companies globally, which are primarily involved in cybersecurity and security-oriented technology that generate a meaningful part of their revenue from security protocols that prevent intrusion and attacks to systems, networks, applications, computers, and mobile devices (collectively, “cybersecurity activities”) and are experiencing revenue growth. The cybersecurity themes used as guidelines to determine if a company is primarily involved in cybersecurity activities are described in detail in the “Additional Information About the Fund’s Investment Strategies” section of the Prospectus.
To be eligible for inclusion in the Index, a company must meet the following criteria as of the Index screening date:
(i) derive at least 50% of their revenue from cybersecurity activities;
(ii) revenue growth greater than or equal to 7% over the trailing three years for new constituents and revenue growth greater than or equal to 5% over the trailing three years for existing Index constituents;
(iii) market capitalization of at least $300 million; and
(iv) have an average daily dollar trading volume of at least $1 million for each of the preceding three months.
The Index is reconstituted and rebalanced semi-annually. As of December 31, 2020, companies in the information technology sector comprised a significant portion of the Index.
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