Looking for broad exposure to the Technology - Cloud Computing segment of the equity market? You should consider the WisdomTree Cloud Computing ETF (WCLD), a passively managed exchange traded fund launched on September 6, 2019.
Launched on September 6, 2019, the WisdomTree Cloud Computing ETF (WCLD) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Cloud Computing segment of the equity market.
Launched on 09/06/2019, the WisdomTree Cloud Computing ETF (WCLD) is a smart beta exchange traded fund offering broad exposure to the Technology ETFs category of the market.
| XMUN Exchange | US Country |
The company operates a specialized investment fund focused on the burgeoning sector of cloud computing. It dedicates at least 80% of its total assets to investing in securities or economic instruments that are either components of a specific index or have economic characteristics almost identical to those components. This index is uniquely curated to monitor the growth and performance of emerging companies whose primary business revolves around providing cloud computing services and software solutions to a diverse client base. Given the specific focus on cloud computing within the emerging market segment, the fund classifies as non-diverse, concentrating its investments to capture growth in this innovative tech domain.
This product targets emerging companies in the cloud computing sector, allowing investors to tap into the growth potential of these businesses. The investment strategy involves tracking an index designed explicitly for this purpose, comprising select companies that show promise in revolutionizing cloud technology and services. This selective investment approach aims to maximize returns by focusing on a high-growth area within the technology sector.
In addition to direct index components, the fund expands its portfolio through investments in instruments that mirror the economic characteristics of the index’s constituents. This strategy enhances the fund’s ability to capture the full spectrum of growth within the cloud computing arena, ensuring that investors benefit from a broader exposure to this niche market. It involves sophisticated financial instruments and strategic asset allocations to mimic the performance of selected emerging cloud computing companies closely.