WCLD: The Power of the Cloud
During this period of uncertainty and extended social distancing, companies that often help the workforce to operate virtually “in the cloud” are top of mind.
Allowing us to access information and conduct business from any device at any time, we believe the adoption of cloud-based software will accelerate now more than ever. This Software-as-a-Service (SaaS) model is now the preferred business model for software for several reasons.
The WisdomTree Cloud Computing Fund (WCLD) through collaboration with the NASDAQ, leverages the expertise of the Bessemer Venture Partners (BVP) to provide an investing strategy with several cloud computing companies in one product. This ETF currently provides access to around 50 SaaS cloud computing company stocks that Bessemer Venture Partners (BVP) believes are the most compelling and fast-growing companies that are aiding business continuity in these uncharted times.
Working From Home Means Embracing the Cloud
Our new reality has already impacted the way companies do business. Many have embraced a complete digital transformation by adapting tools that enable remote working. Companies that often help the workforce to operate virtually “in the cloud” are top of mind. Learn how the WisdomTree Cloud Computing Fund, WCLD, can bring the power of the cloud to your portfolio.