Exchanged-traded fund (ETF) shop WisdomTree is to expand its line-up of alternative offerings by launching the WisdomTree CBOE Russell 2000 PutWrite Strategy fund, according to a Securities and Exchange Commission filing.
The fund is benchmarked against the CBOE Russell 2000 PutWrite index, which tracks the value of a cash-secured put option sales strategy that consists of selling Russell 2000 index put options and investing the sale proceeds in one-month Treasury bills.
A management fee has yet to be decided for the fund, which adds to the firm’s current suite of six alternative ETF offerings including:
- WisdomTree CBOE S&P 500 PutWrite Strategy fund
- WisdomTree Continuous Commodity Index fund
- WisdomTree Managed Futures strategy
- WisdomTree Dynamic Long/Short US Equity fund
- WisdomTree Dynamic Bearish US Equity fund
- WisdomTree Global Real Return fund
WisdomTree also recently launched a number of model portfolios including the WisdomTree Conservative model, the WisdomTree Moderate model, the WisdomTree Aggressive model, and the WisdomTree 100% Dividend model on turnkey asset management program Envestnet's wealth management platform.
The firm plans to launch additional models on the platform in the coming weeks, according to a WisdomTree spokesperson.
Separately, the firm today announced total revenue of $63.4 million for the second quarter of 2017 and $43.2 billion total US listed ETF assets under management and approximately $45.5 billion in assets under management globally at June 30 2017.
A WisdomTree spokesperson confirmed the content of the filing but declined to comment further.