WisdomTree Renewable Energy UCITS ETF

Management

Fund classes:
WisdomTree Renewable Energy UCITS ETF
$13.80 Price
$33.14
2.25%
Today's Change
ISIN IE000P3D0W60
Share Class Accumulation
Ongoing Charge 0.45%
Annual Management Charge 0.45%

Fund management breakdown

Manager Company WisdomTree
Fund Type Open Ended Investment Company
Benchmark Sector Equity Alternative Energy
Domicile IRL
For Sale in Germany, United Kingdom, Ireland, Italy

Fund manager biographies

Fund objective

The WisdomTree Renewable Energy UCITS ETF (the “Fund”) seeks to track the price and yield performance, before fees and expenses the WisdomTree Renewable Energy Index (the “Index”).  The Index is designed to track the performance of companies primarily involved in the renewable energy value chain (REVC), including wind, solar, hydrogen and other renewable technologies and solutions which aim to develop a renewable energy market.  The index excludes companies which do not meet WisdomTree’s ESG (environmental, social and governance) criteria.  To be included in the Index, companies need to be involved in one or more of the following REVC categories: raw materials, manufacturing, enablers, application, or emerging technology, as well as meeting the minimum revenue exposure, market capitalisation, liquidity and ESG criteria.  The Index utilises an intensity rating which is developed by WisdomTree, Inc in collaboration with third party specialists in REVC and which captures the perceived degree of a company’s overall REVC involvement.  The weight of each security in the Index is calculated based on the Intensity Rating.  The Index is rebalanced on a semi-annual basis.  The Fund will employ a "passive management" (or indexing) investment approach and will invest in a portfolio of equities that, so far as possible and practicable, consists of a representative sample of the component securities of the Index. While the Fund will seek to invest all, or substantially all, of its assets in all the constituents of the Index, the use of a representative sampling strategy means that the Fund may invest in a sample of Index constituents whose risk, return and other characteristics closely resemble the risk, return and other characteristics of the Index as a whole.  The Fund may from time to time invest in equity or equity-related securities listed or traded on a Regulated Market (such as large, medium or small cap equities, common or preferred stocks and Depositary Receipts) and open-ended collective investment undertakings.  The Fund may enter into repurchase/reverse repurchase agreements and stock lending arrangements solely for the purposes of efficient portfolio management, subject to the conditions and within the limits set out in the prospectus for WisdomTree Issuer ICAV (the “Prospectus”).  Shares of the Fund (“Shares”) are listed on one or more stock exchanges. Typically, only Authorised Participants (i.e., brokers) can purchase Shares from or sell Shares back to the Fund. Other investors can purchase and sell Shares on exchange on each day the relevant stock exchange is open.  Distribution policy: Dividends will not be distributed to shareholders in respect of the Shares of this class. Income and other profits will be accumulated and reinvested on behalf of the shareholders.  Recommendation: This Fund may not be appropriate for shortterm investment.  Currency: The base currency of the Fund is US Dollar. The currency of denomination of this share class is US Dollar.  For full investment objectives and policy details, please refer to the supplement to the prospectus for the Fund (the “Supplement”).