WisdomTree has expanded its presence in Europe by listing its first UCITS ETFs on Euronext Paris, strengthening the firm’s commitment to French and Benelux investors.
Alexis Marinof, Head of Europe, WisdomTree.
The debut consists of seven ETFs, three of which deliver access to WisdomTree’s ‘Quality Dividend Growth’ strategy within global, US, and eurozone equity universes.
These funds are the WisdomTree Global Quality Dividend Growth UCITS ETF (GGRA FP), which comes with an expense ratio of 0.38%; the WisdomTree US Quality Dividend Growth UCITS ETF (DGRA FP), which has an expense ratio of 0.33%; and the WisdomTree Eurozone Quality Dividend Growth UCITS ETF (EGRA FP), which costs 0.29%.
Collectively housing $14.4 billion in assets under management, the ETFs represent a core equity strategy that invests in high-quality and high-profitability dividend-growing companies available at reasonable valuations.
The remaining four WisdomTree ETFs focus on cutting-edge investment themes including artificial intelligence, battery solutions, cloud computing, and cybersecurity. Each fund was developed in partnership with domain-specific experts to offer investors targeted exposure to the underlying themes.
They are the WisdomTree Artificial Intelligence UCITS ETF (WTAI FP), the WisdomTree Battery Solutions UCITS ETF (VOLT FP), the WisdomTree Cloud Computing UCITS ETF (WCLD FP), and the WisdomTree Cybersecurity UCITS ETF (WCBR FP).
WTAI, developed in consultation with the Consumer Technology Association, offers diversified exposure to companies poised to benefit from the growth in artificial intelligence technologies.
VOLT, informed by market intelligence from Wood Mackenzie, provides a comprehensive look at the battery value chain, covering 37 subsectors from raw materials to emerging technologies.
WCLD focuses on enterprise cloud software and services, with the selection process guided by Bessemer Venture Partners, an expert in the cloud computing space.
Lastly, WCBR tracks an index developed in collaboration with Team8, targeting companies with high growth prospects within the cybersecurity ecosystem.
The artificial intelligence, battery solutions, and cloud computing ETFs come with expense ratios of 0.40% each, while the cybersecurity fund is priced slightly higher at 0.45%.
Commenting on the firm’s first product roll-out on Euronext Paris, Alexis Marinof, Head of Europe at WisdomTree, said: “We are reinforcing our commitment to the region and listening to what our clients want by bringing more convenient access to our most successful UCITS ETFs. France is a key market, and we want to continue improving the experience we provide to French investors and those in the Benelux region.”