WisdomTree launches artificial intelligence and innovation

Targeted investment strategy focused on constituents involved in the development and deployment of artificial intelligence1

NEW YORK, December 09, 2021 (GLOBE NEWSWIRE) – WisdomTree Investments, Inc. (NASDAQ: WETF), a sponsor and asset manager of exchange-traded funds (“ETF”) and exchange-traded products (“ETP” ), today announced the launch of the WisdomTree Artificial Intelligence and Innovation Fund (WTAI) on the CBOE. WTAI is a passively managed ETF that seeks to track the price and performance, before fees and expenses, of the WisdomTree Artificial Intelligence and Innovation (WAII) Index. WTAI has an expense ratio of 0.45%.

“Technological advancements, dating back to the mid-1900s, have supported the development of AI solutions that now impact every facet of our daily lives – and AI will continue to play an important role in our lives throughout. ‘future,’ said Jeremy Schwartz, Global Director of Investments at WisdomTree. “We believe that WisdomTree’s Artificial Intelligence and Innovation Fund, which allocates to specific companies involved in targeted AI categories, is designed for investors looking to include a more unique and differentiated approach to AI in their wallets. “

WTAI seeks to track the performance of the WisdomTree Artificial Intelligence and Innovation Index, which identifies companies primarily involved in the investment theme of AI and innovation.

WTAI: What’s under the hood?
With a diverse exposure that seeks to identify the fastest growing companies and the most exciting opportunities in the AI ​​value chain, WTAI can be an option in allocating a portfolio’s growth and focusing on AI technology in the following categories:

  • Ssoftware – companies that provide AI software to enable the application of AI and machine learning capabilities in the customer domain;
  • Ssemiconductors – companies that produce semiconductors or semiconductor equipment and technologies;
  • ohother material – companies that produce or develop essential hardware and technologies for AI applications that are not classified as semiconductors; and
  • Innovation – companies that introduce a technologically new, creative or different product or service with the aim of potentially changing an industrial landscape, as well as companies that offer these innovative technologies, in particular those related to AI.

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 www.wisetree.com. Read the prospectus carefully before investing.

There are risks associated with investing, including possible loss of capital.

The Fund invests in companies primarily involved in the investment themes of artificial intelligence (AI) and innovation. Companies engaged in AI typically face intense competition and potentially rapid product obsolescence. These companies are also heavily dependent on intellectual property rights and can be adversely affected by the loss or infringement of these rights. Additionally, AI companies typically invest large sums in research and development, and there can be no assurance that any products or services produced by these companies will be successful. Companies that capitalize on innovation and develop technologies to replace older technologies or create new markets may not be successful. The Fund invests in 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. The composition of the Index is governed by an Index Committee, and the Index may not perform as intended. 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 regarding financial market trends are based on current market conditions, which fluctuate.

WisdomTree funds are distributed by Foreside Fund Services LLC, in the United States only. Foreside Fund Services LLC. is not affiliated with the other entities mentioned.

Jeremy Schwartz is a registered representative of Foreside Fund Services, LLC.

1 Artificial intelligence: computer systems capable of performing tasks that normally require human intelligence, such as visual perception, speech recognition, decision making, and translating between languages

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About the tree of wisdom
WisdomTree Investments, Inc., through its subsidiaries in the United States and Europe (collectively, “WisdomTree”), is a sponsor and asset manager of ETFs and ETPs headquartered in New York. York. WisdomTree offers products spanning stocks, commodities, fixed income, leveraged and inverse securities, currencies, cryptocurrencies, and alternative strategies. WisdomTree currently has approximately $ 73.5 billion in assets under management worldwide.

WisdomTree® is the trade name of WisdomTree Investments, Inc. and its subsidiaries around the world.

Contact details

Media relations
WisdomTree Investments, Inc.
Jessica zaloom
+1.917.267.3735
jzaloom@wisdomtree.com / tree of wisdom@fullyvested.com