PLAT — WisdomTree Growth Leaders Fund
Data updated: 2023-11-27
PLAT — WisdomTree Growth Leaders Fund. China Real Estate · $9.79M AUM · 0.20% expense ratio · 24.2% 1-yr return. Holdings, fees, performance and SEC filings.
PLAT Fund Overview
PLAT — WisdomTree Growth Leaders Fund is a US mutual fund managed by WisdomTree Trust, categorised as China Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: WisdomTree Trust
- Category: China Real Estate
- Assets under management: $9.79M
- 1-year return: 24.2%
- Ticker: PLAT
- SEC CIK: 0001350487
- SEC series ID: S000065442
- Share class ID: C000211609
PLAT Investment Objective and Strategy
WisdomTree Growth Leaders Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by WisdomTree Trust.
Investment objective
The WisdomTree Growth Leaders Fund (the Fund) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Growth Leaders Index (the Index).
Principal investment strategy
The Fund employs a passive management or indexing investment approach designed to track the performance of the Index. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole. Under normal circumstances, at least 80% of the Funds total assets (exclusive of collateral held from securities lending) will be invested in component securities of the Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The Index is designed to provide exposure to equity securities of companies which have experienced revenue growth and generate revenue from business lines active in modern platforms or digital marketplaces based upon several factors such as: (i) business model; (ii) customer or participant relationship; and (iii) revenue source.
Eligible businesses include platform types such as the following: payment, social networking, social gaming, communication, content and development. A modern platform business is a multi-sided business model focused on creating value by facilitating interactions between two or more interdependent groups through technology. These businesses are positioned to benefit from the network effect in seeking to achieve revenue growth, which is the positive effect on the value of a good or service as the number of customers or participants increases. To be eligible for inclusion in the Index, a company must meet the following criteria: (i) shares must be listed on a U.S. or European stock exchange (China-domiciled companies must list shares on a China domestic or Hong Kong stock exchange); (ii) revenue growth greater than or equal to 7% over the trailing three years; (iii) float-adjusted market capitalization of at least $2 billion as of the Index screening date; (iv) have a median daily dollar trading volume of at least $1,000,000 for each of the three months preceding the annual Index screening date; and (v) trade at least 250,000 shares per month for each of the six months preceding the annual Index screening date.
The Index is reconstituted and rebalanced annually. Securities are weighted in the Index by an average of their equal and market cap weights, with a maximum weight of 9% at the annual reconstitution. The Index also may adjust the weight of individual components on the annual screening date based on certain quantitative thresholds or limits tied to key metrics of a component security, such as its market capitalization and trading volume. To the extent the Index reduces an individual components weight, the excess weight will be reallocated pro rata among the other components. Similarly, if the Index increases a components weight, the weight of the other components will be reduced on a pro rata basis to contribute the weight needed for such increase. The weight of a sector or individual component in the Index may fluctuate above or below specified caps and thresholds, respectively, between screening dates in response to market conditions.
In addition, non-U.S. constituents are capped at 12% and Chinese constituents are capped at 5% at the annual reconstitution. WisdomTree, Inc. (WisdomTree), as Index provider, currently uses the Global Industry Classification Standard (GICS ), a widely recognized industry classification methodology developed by MSCI, Inc. and Standard & Poors Financial Services LLC, to define companies within a sector. The following sectors are included in the Index: communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities. A sector is comprised of multiple industries. For example, the energy sector is comprised of companies in the energy equipment and services industry as well as the oil, gas and consumable fuels industry.
As of June 30, 2023, companies in the information technology, communication services, consumer discretionary and financials sectors comprised a significant portion ( i.e. , in excess of 15% of the Indexs total weighting) of the Index; however, the Index's sector exposure may change from time to time. To the extent the Index concentrates ( i.e. , holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will concentrate its investments to approximately the same extent as the Index.
PLAT Performance
Total returns for PLAT (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 24.2% |
| 3 years (annualised) | -5.2% |
PLAT Risk Information
Risk metrics for PLAT, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 24.2%
PLAT Costs and Fees
PLAT costs about $20 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.20%
- Gross expense ratio: 0.20%
- Portfolio turnover: 27%
- Brokerage commissions: 0.54 bps of average net assets (SEC N-CEN)
PLAT Cashflows
Over the 12 months to 2023-09, WisdomTree Growth Leaders Fund had net outflows of $1.49M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-09 | −$1.32M |
| 2023-08 | $0 |
| 2023-07 | $0 |
| 2023-06 | $0 |
| 2023-05 | $0 |
| 2023-04 | $0 |
PLAT Debt Constituents
No individual debt constituents are reported in WisdomTree Growth Leaders Fund's latest SEC N-PORT filing.
PLAT Prospectus and SEC Filings
Official WisdomTree Growth Leaders Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-07-31
- Prospectus (485BPOS) — filed 2022-07-29
- Prospectus (485BPOS) — filed 2021-07-28
- Portfolio holdings (N-PORT) — filed 2023-11-27
- Portfolio holdings (N-PORT) — filed 2023-08-29
- Portfolio holdings (N-PORT) — filed 2023-05-30
- Annual census (N-CEN) — filed 2023-06-13
- Annual census (N-CEN) — filed 2022-06-13
Related Funds
Other China Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.