US-based ETP sponsor WisdomTree has launched an ETF that will provide diversified exposure to eight tech themes.
The Tech Megatrends UCITS ETF (TMGT) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Tech Megatrends Equity UCITS Index and has a Total Expense Ratio (TER) of 0.50%. TMGT is listed ton Börse Xetra, Borsa Italiana, Euronext Paris, Six and the London Stock Exchange.
The proprietary strategy is designed to tap into the long-term growth potential of disruptive tech companies around the world and benefit from the structural technological changes shaping the world’s future.
Pierre Debru, head of European research, said: “Technological innovation does not occur in isolation. AI depends on cloud infrastructure, cybersecurity underpins digital expansion, and advanced semiconductors enable both.
“A multi-thematic approach captures these interdependencies, providing investors with diversified exposure to multiple long-term growth engines within the broader technology ecosystem.”
