WisdomTree is pleased to announce the release of the WisdomTree Recycling Decarbonization
, fromLondon Stock Exchange Group plc
WisdomTree Recycling Decarbonization UCITS ETF (WRCY) is the world's first recycling decarbonization UCITS ETF. As part of the global decarbonization megatrend, it provides exposure to worldwide companies active in waste-to-energy and recycling technology. WisdomTree, the ETF and ETP sponsor, used TortoiseEcofin's expertise to produce WRCY. The ETF is an SFD Article 9 fund (SFDR).
WisdomTree Recycling Decarbonisation UCITS ETF is the world's first recycling decarbonization UCITS ETF. It provides exposure to global companies involved in waste-to-energy and recycling technologies as part of the global decarbonization megatrend. The London Stock Exchange welcomed it today. WisdomTree, the sponsor of the exchange-traded fund (also known as a "ETF") and exchange-traded product, developed WRCY by drawing on the expertise of TortoiseEcofin, a company that specialises in energy infrastructure and sustainability. According to the Sustainable Finance Disclosure Regulation, the exchange-traded fund is categorised as an Article 9 fund (SFDR).
Alexis Marinof, Head of Europe, WisdomTree, commented:
“WRCY is the world’s first ETF focused solely on recycling and decarbonization, representing a big step forward for the industry as thematic ETFs continue to attract the interest of European investors looking for long-term growth opportunities. Our approach to launching thematic ETFs is focused on leveraging the in-depth market intelligence that only specialist sector experts, like TortoiseEcofin, can provide. Investors want purity of exposure when investing in themes underpinning structural megatrends, and that’s what we deliver in our suite of thematic ETFs.”
The Tortoise Recycling Decarbonization UCITS IndexSM (the “Index”) is the exclusive property of TIS Advisors, LLC. TIS Advisors, LLC makes no express or implied representation, guarantee or assurance with regard to (a) the advisability in investing in the Fund; and/or (b) the results obtained or to be obtained by any person or entity from the use of the Fund. The Index is calculated by Solactive AG (“Solactive”).
The financial instruments that are based on the Index are not sponsored, endorsed, promoted or sold by Solactive in any way, and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability in investing in the financial instruments; (b) the quality, accuracy and/or completeness of the Index or the calculations thereof; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Index. It is not possible to invest directly in an index.
For further information, visit the WisdomTree Recycling Decarbonisation UCITS ETF (WRCY) product page.
Source: LSEG news