WisdomTree Announces U.S. Quality Shareholder Yield Fund (QSY)


Formerly WisdomTree U.S. LargeCap Value Fund (EZY)

Company’s First Actively-Managed Equity ETF

NEW YORK, Dec. 18, 2017 (GLOBE NEWSWIRE) -- WisdomTree (NASDAQ:WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today announced the implementation of changes for the WisdomTree U.S. LargeCap Value Fund (EZY).  Effective today, the fund is renamed as the WisdomTree U.S. Quality Shareholder Yield Fund (QSY) and seeks income and capital appreciation through a rules-based, actively managed strategy.  The fund’s expense ratio remains unchanged at 0.38%.

Seeking Total Shareholder Yield

QSY will seek to achieve its investment objective by investing primarily in U.S. equity securities that provide a high shareholder yield while also displaying attractive attributes for traditional quality measures. Shareholder yield is defined as return of capital to shareholders through either dividend distributions or the repurchase of shares (“buybacks”).

Jeremy Schwartz, WisdomTree Director of Research, said, “Total shareholder yield is a preeminent source of stock value and a key driver of returns. QSY’s additional screen for quality measures such as return on equity (“ROE”) and return on assets (“ROA”) has the potential to improve the sustainability of yields.

“We believe an active quantitative approach that optimizes for high total shareholder yield—and identifies companies conducting large stock buybacks—while screening for quality can add value over the general market return averages,” Schwartz added.

QSY: What’s Under the Hood?

Using a disciplined, model-based process, the Fund will:

  • Screen for quality by evaluating the level and trends in profitability and risk parameters
  • Screen for companies with minimum shareholder yield requirements
  • Apply sector weights and risk controls to portfolio positions

At a minimum, the Fund’s portfolio will be reconstituted and rebalanced annually, although a more active approach may be taken depending on market conditions and investment opportunities, and the number of holdings in the Fund may vary.

Learn more about the WisdomTree U.S. Quality Shareholder Yield Fund (QSY) here.

This Fund is new and has limited operating history. Past performance is not indicative of future results.

There are risks associated with investing, including possible loss of principal.  Funds focusing their investments on certain sectors increase their vulnerability to any single economic or regulatory development.  This may result in greater share price volatility.  While the Fund is actively managed, the Fund’s investment process is expected to be heavily dependent on quantitative models and the models may not perform as intended.  Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds before investing. To obtain a prospectus containing this and other important information, call 866.909.9473 or visit wisdomTree.com. Read the prospectus carefully before you invest.

WisdomTree Funds are distributed by Foreside Fund Services, LLC, in the U.S. only.

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

WTPR-20171212-0009

About WisdomTree

WisdomTree Investments, Inc., through its subsidiaries in the U.S., Europe, Japan and Canada (collectively, “WisdomTree”), is an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager headquartered in New York.  WisdomTree offers products covering equities, fixed income, currencies, commodities and alternative strategies.  WisdomTree currently has approximately $48.3 billion in assets under management globally.  For more information, please visit www.wisdomtree.com or follow us on Twitter @WisdomTreeETFs.

WisdomTree® is the marketing name for WisdomTree Investments, Inc. and its subsidiaries worldwide.

Contact Information:

Media Relations
WisdomTree Investments, Inc.
Jessica Zaloom / Kylie Scott
+1.917.267.3735 / +1.917.267.3860
jzaloom@wisdomtree.com / kscott@wisdomtree.com