EX-99.D8 5 ex99_d8.htm EXHIBIT 99.(D)(8)

 

Exhibit 99.(d)(8)

 

 

ADVISORY FEE WAIVER AGREEMENT

 

 

AGREEMENT made as of March 11, 2025 (the “Effective Date”), by and between WisdomTree Asset Management, Inc. (“WTAM”) and WisdomTree Trust, a Delaware statutory trust (the “Trust”), on behalf of each series of the Trust (each, a “Fund”).

 

WHEREAS, WTAM serves as investment adviser to each Fund pursuant to an Investment Advisory Agreement with the Trust (“Management Agreement”) pursuant to which WTAM is entitled to a fee in exchange for providing advisory and other services to each Fund, and for paying all Fund expenses except those specifically excluded therein (the “Management Fee”); and

 

WHEREAS, pursuant to the Trust’s Guidelines for Investment of Cash Collateral relating to Securities Lending Procedures, as adopted on October 9, 2024, certain of the Funds intend to, from time to time, invest the cash collateral from securities lending in the WisdomTree Government Digital Money Market Fund, a series of the WisdomTree Digital Trust, which is managed by WisdomTree Digital Management, Inc., a registered investment adviser and affiliate of WTAM (the “Digital Money Fund”); and

 

WHEREAS, Digital Money Fund has an expense ratio of 0.25% of the Fund’s net assets, calculated daily and paid monthly; and

 

WHEREAS, WTAM has determined that it is appropriate and in the best interests of each Fund to waive a portion of each Fund’s Management Fee as described herein (the “Management Fee Waiver”); and

 

WHEREAS, WTAM and the Trust expect to identify certain of the Funds that invest in the Digital Money Fund in Schedule A hereto, and WTAM and the Trust intend for the terms of this Agreement to apply to any Fund that invests in the Digital Money Fund regardless of whether it is identified in Schedule A hereto.

 

NOW, THEREFORE, in consideration of the mutual covenants and agreements hereinafter set forth, the parties hereto agree as follows:

 

1.       Management Fee Waiver. For the term of this Agreement, WTAM agrees to reduce the Management Fee to be paid by a Fund for that portion of the Fund’s assets invested in the Digital Money Fund by the amount necessary to reduce the net expense ratio of the Digital Money Fund to an effective rate of 0.09%.

 

2.       Duration and Termination. The initial term of this Agreement is one year from the Effective Date. Thereafter, this Agreement will automatically renew for one-year terms, unless WTAM provides notice to a Fund of the termination of the Agreement, which notice must be received by the Trust at least 60 days prior to the end of the then-current term. A Fund’s Board of Trustees may terminate this Agreement at any time. This Agreement will terminate automatically with respect to a Fund if (i) WTAM no longer serves as investment adviser to the Fund, or (ii) in the event of its “assignment” as defined in the Investment Company Act of 1940 (“1940 Act”). The termination of this Agreement with respect to any one Fund will not cause its termination with respect to any other Fund.

 

   
 

 

3.       Amendment. This Agreement may not be amended except by a writing signed by the parties; provided, however, that the modification of the information contained in Schedule A hereto will not be considered an amendment to the terms of this Agreement requiring a writing signed by both parties.

 

4.       Applicable Law. This Agreement shall be construed in accordance with and governed by the laws of the State of Delaware (without giving effect to its conflict of law principles) and the applicable provisions of the 1940 Act. To the extent the applicable laws of the State of Delaware, or any of the provisions herein, conflict with the applicable provisions of the 1940 Act, the latter shall control.

 

5.       Entire Agreement. This Agreement contains the entire understanding and agreement of the parties with respect to the subject matter hereof.

 

 

 

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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the date first set forth above.

 

WISDOMTREE TRUST   WISDOMTREE ASSET MANAGEMENT, INC.
     
         
By: /s/Jonathan Steinberg   By: /s/ Stuart Bell
  Jonathan Steinberg     Stuart Bell
  President     Chief Operating Officer

 

   
 

 

SCHEDULE A

 

List of Funds Ticker
WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund AGZD
WisdomTree U.S. SmallCap Fund EES
WisdomTree U.S. Total Dividend Fund DTD
WisdomTree U.S. SmallCap Dividend Fund DES
WisdomTree U.S. MidCap Fund EZM
WisdomTree U.S. Efficient Core Fund NTSX
WisdomTree U.S. LargeCap Fund EPS
WisdomTree U.S. High Dividend Fund DHS
WisdomTree U.S. SmallCap Quality Growth Fund QSML
WisdomTree U.S. MidCap Dividend Fund DON
WisdomTree U.S. LargeCap Dividend Fund DLN
WisdomTree U.S. Quality Dividend Growth Fund DGRW
WisdomTree U.S. SmallCap Quality Dividend Growth Fund DGRS
WisdomTree U.S. Multifactor Fund USMF
WisdomTree U.S. Value Fund WTV
WisdomTree U.S. MidCap Quality Growth Fund QMID
WisdomTree U.S. Quality Growth Fund QGRW
WisdomTree 1-3 Year Laddered Treasury Fund USSH
WisdomTree 7-10 Year Laddered Treasury Fund USIN
WisdomTree Bianco Total Return Fund WTBN
WisdomTree Floating Rate Treasury Fund USFR
WisdomTree Efficient Gold Plus Equity Strategy Fund GDE
WisdomTree International Efficient Core Fund NTSI
WisdomTree Emerging Markets Efficient Core Fund NTSE
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund GDMN
WisdomTree Yield Enhanced U.S. Aggregate Bond Fund AGGY
WisdomTree Bloomberg U.S. Dollar Bullish Fund USDU
WisdomTree Emerging Currency Strategy Fund CEW
WisdomTree Managed Futures Strategy Fund WTMF

 

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WisdomTree Target Range Fund GTR
WisdomTree PutWrite Strategy Fund PUTW
WisdomTree Enhanced Commodity Strategy Fund GCC
WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund SHAG
WisdomTree U.S. Corporate Bond Fund QIG
WisdomTree U.S. High Yield Corporate Bond Fund QHY
WisdomTree Interest Rate Hedged High Yield Bond Fund HYZD
WisdomTree U.S. Short-Term Corporate Bond Fund QSIG
WisdomTree Emerging Markets Corporate Bond Fund EMCB
WisdomTree Voya Yield Enhanced USD Universal Bond Fund UNIY
WisdomTree Mortgage Plus Bond Fund MTGP
WisdomTree U.S. AI Enhanced Value Fund AIVL
WisdomTree International AI Enhanced Value Fund AIVI
WisdomTree International Equity Fund DWM
WisdomTree Dynamic Currency Hedged International Equity Fund DDWM
WisdomTree Emerging Markets SmallCap Dividend Fund DGS
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund DDLS
WisdomTree International SmallCap Dividend Fund DLS
WisdomTree Japan SmallCap Dividend Fund DFJ
WisdomTree Japan Hedged SmallCap Equity Fund DXJS
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund XSOE
WisdomTree Global High Dividend Fund DEW
WisdomTree Emerging Markets ex-China Fund XC
WisdomTree International MidCap Dividend Fund DIM
WisdomTree International High Dividend Fund DTH
WisdomTree Emerging Markets High Dividend Fund DEM
WisdomTree Japan Hedged Equity Fund DXJ
WisdomTree Global ex-U.S. Quality Dividend Growth Fund DNL
WisdomTree Emerging Markets Quality Dividend Growth Fund DGRE
WisdomTree Europe SmallCap Dividend Fund DFE
WisdomTree International LargeCap Dividend Fund DOL
WisdomTree International Hedged Quality Dividend Growth Fund IHDG
WisdomTree International Quality Dividend Growth Fund IQDG
WisdomTree Europe Hedged SmallCap Equity Fund EUSC
WisdomTree Emerging Markets Multifactor Fund EMMF
WisdomTree Europe Quality Dividend Growth Fund EUDG
WisdomTree International Multifactor Fund DWMF
WisdomTree China ex-State-Owned Enterprises Fund CXSE
WisdomTree Europe Hedged Equity Fund HEDJ
WisdomTree Battery Value Chain and Innovation Fund WBAT
WisdomTree BioRevolution Fund WDNA
WisdomTree Artificial Intelligence and Innovation Fund WTAI

 

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WisdomTree Cloud Computing Fund WCLD
WisdomTree New Economy Real Estate Fund WTRE
WisdomTree Alternative Income Fund HYIN
WisdomTree Cybersecurity Fund WCBR
WisdomTree Emerging Markets Local Debt Fund ELD
WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund AGZD
WisdomTree U.S. SmallCap Fund EES
WisdomTree U.S. Total Dividend Fund DTD
WisdomTree U.S. SmallCap Dividend Fund DES

 

 

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