WisdomTree’s XSOE Named ESG/Impact ETF of the Year
NEW YORK, April 15, 2019 (GLOBE NEWSWIRE) -- WisdomTree Investments, Inc. (WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today announced that the WisdomTree Floating Rate Treasury Fund (USFR) was named ETF of the Year at the 2019 Mutual Fund Industry & ETF Awards. In addition, the WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) was named ESG/Impact ETF of the Year.
ETF of the Year: WisdomTree Floating Rate Treasury Fund (USFR)
- This award is given to the most successful ETF as determined by a combination of several elements, such as flows, performance, innovation and fund objectives.
ESG/Impact ETF of the Year: WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE)
- This award is given to the most successful ETF focused on issues related to environmental, social and governance factors or specific ESG objectives. Success is determined by a combination of several factors, such as flows, performance and innovation.
“USFR was one of the fastest growing ETFs in 2018, growing from $1 million in assets to more than $2 billion in assets today. This strong growth has continued into 2019, as investors seek innovative fixed income solutions that can help meet strategic investment needs,” said Kevin Flanagan, WisdomTree Head of Fixed Income Strategy.
In addition to the firm’s focus on fixed income solutions, WisdomTree continues to build out its suite of non-state-owned enterprise ETFs, with the most recent launch of the WisdomTree India ex-State-Owned Enterprises Fund (IXSE). Excluding state-owned companies allow the funds to focus on corporate governance, or the “G” in ESG.
The Mutual Fund Industry & ETF Awards recognize and reward the people and organizations whose excellence, achievements and contributions to the mutual fund industry have stood out over the past 12 months. The awards included an expanded slate of categories recognizing the top performers and innovators in the growing ETF market.
The 26th annual Mutual Fund Industry & ETF Awards were presented at an evening ceremony and dinner on April 11, 2019 at Cipriani 42nd Street in New York.
Source: Mutual Fund Industry Awards 2019 https://mutualfundindustryawards.awardstage.com
WisdomTree Investments, Inc., through its subsidiaries in the U.S., Europe 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 $59.6 billion in assets under management globally.
WisdomTree® is the marketing name for WisdomTree Investments, Inc. and its subsidiaries worldwide.
WisdomTree Investments, Inc.
Jason Weyeneth, CFA