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About WisdomTree Trust WisdomTree Efficient Gold Plus Equity Strategy Fund
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Inception date
Mar 17, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
GDE aims to provide some diversification to US large-cap stocks by adding balanced exposure to long gold futures contracts. The strategy layers gold exposure on top of the US equities. For example, for every $100 invested, $90 is invested in a basket of US large-cap equities weighted by market-cap. Gold futures are also purchased to provide the equivalent $90 exposure and $10 is held as cash collateral. Based on this layering, the total accounting leverage of the strategy is enhanced to 1.8x, or in other words, for every $100 invested there is a total of $180 exposure to equities and gold futures. The cash collateral typically is invested in high-quality, short-term US money market securities or US Treasury bills. The fund obtains commodity exposure through investing in a wholly-owned Cayman Islands subsidiary.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Mutual fund
Stocks87.96%
Technology Services19.14%
Electronic Technology18.72%
Finance11.73%
Retail Trade7.91%
Health Technology6.56%
Consumer Non-Durables3.09%
Commercial Services2.62%
Consumer Services2.60%
Consumer Durables2.59%
Producer Manufacturing2.38%
Energy Minerals2.15%
Utilities2.06%
Health Services1.41%
Transportation1.29%
Process Industries1.00%
Communications0.93%
Industrial Services0.76%
Distribution Services0.51%
Non-Energy Minerals0.43%
Miscellaneous0.06%
Bonds, Cash & Other12.04%
Mutual fund12.04%
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