NEWS INVESTMENT FUNDS – WisdomTree is committed to technology and launches a fund to invest in the cloud – Markets and Bags

WisdomTree, provider of ETFs and ETPs, has announced the launch of an ETF that provides a exposure to fast-growing companies of 'cloud computing', which use a network of servers distributed over the Internet. The WisdomTree Cloud Computing UCITS ETF, which starts trading on Friday in the London Stock Exchange, seeks to track the price and performance, before expenses and commissions, of the BVP Nasdaq Emerging Cloud Index, with a cost of 0.4%.

"As the world becomes increasingly digital and more connected, the global cloud computing market has grown exponentially and is expected to reach almost 697 billion dollars by 2025. The WisdomTree Cloud Computing UCITS ETF offers investors a focus on growth when it comes to selecting cloud companies through Nasdaq and Bessemer Venture Partners' extensive and reputable experience in identifying these companies. " , says Jeremy Schwartz executive vice president and global director of analysis for WisdomTree.

"Nasdaq and Bessemer Venture Partners have worked to bring a new benchmark to the market, as cloud services become important as business growth tools," says Dave Gedeon, vice president and director of Index Research & Development, of Nasdaq Global Indexes. "The BVP Nasdaq Emerging Cloud index is a tangible way to track the growth of companies that change the industry in which they operate and empower their customers through the use of cloud technology. "

Schwartz points out that "WisdomTree Cloud Computing UCITS ETF focuses on cloud computing companies that We believe they are better positioned for high levels of revenue growth recurring and have the potential to scale at a faster rate than traditional technology companies. Cloud-based companies generally have better profit margins and record higher growth than other technology companies. ”

WisdomTree's Cloud Computing ETF will invest in emerging companies listed on the Nasdaq market, on the New York Stock Exchange, on the American Stock Exchange, or on the CBOE, which are primarily dedicated to providing cloud software and services to their customers. . To be considered as a cloud computing company and suitable for inclusion, the company must meet the following characteristics: focused on 'cloud computing' (obtain the majority of income in this way), Attractive revenue growth and liquidity restrictions.