WCLD Profile
The WisdomTree Cloud Computing Fund is an exchange-traded fund (ETF) that aims to deliver investment returns closely aligned with the performance of its underlying index, which focuses on the cloud computing sector. The fund commits to investing at least 80% of its total assets, excluding collateral from securities lending, in securities that are part of the index or have similar economic characteristics. This investment strategy ensures that the fund remains closely tied to the index's performance and its targeted sector.
The index tracked by the WisdomTree Cloud Computing Fund is specifically designed to capture the performance of emerging public companies that are predominantly involved in delivering cloud computing solutions. This includes a range of firms engaged in providing cloud-based software, infrastructure, and services. These companies are integral to the cloud computing ecosystem, which is critical for modern digital infrastructure and services.
The fund's investment focus is on companies that are actively contributing to the development and deployment of cloud technologies. This includes providers of software-as-a-service (SaaS), infrastructure-as-a-service (IaaS), and platform-as-a-service (PaaS). By investing in these firms, the fund aims to tap into the growth potential of the cloud computing industry, which is characterized by rapid technological advancement and increasing demand for scalable digital solutions.
As a non-diversified fund, the WisdomTree Cloud Computing Fund concentrates its investments in the cloud computing sector, which can result in higher volatility and sector-specific risks. The funds strategy reflects its commitment to capturing the growth opportunities within this dynamic field, offering investors a focused approach to benefit from the expansion of cloud computing technologies and services.
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