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Latest WisdomTree Target Range Fund  News | NASDAQ:GTR | Benzinga

In pursuing its investment objectives, the Fund seeks to follow the methodology of the TOPS Global Equity Target Range Index (the Index) created by Valmark Advisers, Inc. (Valmark), the Index Provider. However, the Fund is an actively managed exchange-traded fund (ETF). Therefore, the Funds returns are expected to be similar to the returns of the Index but will not match the Indexs returns due to the amount and timing of assets that flow in and out of the Fund and the Funds fees and expenses. The Index tracks the performance of a cash-secured (i.e., collateralized) call spread strategy which consists of (1) buying long call options and selling short call options on a portfolio of four ETFs that track the performance of large- and mid-capitalization companies in the United States, developed market countries and emerging market countries, respectively, consisting of the SPDR S&P 500 ETF Trust (SPY), iShares Russell 2000 ETF (IWM), iShares MSCI EAFE ETF (EFA), and iShares MSCI Emerging Markets ETF (EEM) (collectively, the Underlying ETFs); and (2) cash collateral. The target exposure of the Index, excluding cash collateral, as described below, is SPY (50 percent), IWM (20 percent), EFA (20 percent), and EEM (10 percent) though the Funds exposure may differ from time to time due to market movements and cash flows in and out of the Fund. Due to changes in the Index or discretionary changes by the Funds investment adviser, WisdomTree Asset Management, Inc. (WisdomTree Asset Management or the Adviser) and/or sub-adviser, Newton Investment Management North America, LLC (NIMNA or the Sub-Adviser), the target exposure among the Underlying ETFs may change over time.

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Latest WisdomTree Target Range Fund News | NASDAQ:GTR | Benzinga

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