WisdomTree launches U.S. Quality Growth Fund

WisdomTree announced the launch of the WisdomTree U.S. Quality Growth Fund on the New York Stock Exchange. QGRW seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Quality Growth Index and has an expense ratio of 0.28%. "Growth investors prevailed for much of the last decade and seemingly received extra focus with the pandemic that catalyzed high growth stocks that facilitated the work from home environment. However, many of these same high growth companies – that have yet to achieve profitability-struggle now to raise fresh capital at much lower multiples or with higher financing costs on their debt," said Jeremy Schwartz, WisdomTree’s Global Chief Investment Officer. "QGRW was a strategy built for the long run and identifies companies with high-quality and profitability metrics combined with good growth potential, which is especially important for the next cycle when growth stocks turn in favor."