Overview
- VanEck launched and listed the VanEck Wealth Builder ETF under the ticker WBMO on Tuesday, Oct. 27, 2026, offering one‑ticket access to a multi‑asset portfolio.
- The fund is actively managed by David Schassler and combines global equities, fixed income, real assets such as gold, and a measured allocation to Bitcoin provided via exchange‑traded products.
- WBMO does not hold crypto directly and obtains Bitcoin exposure through third‑party digital‑asset ETPs, with certain holdings placed in a wholly owned Cayman Islands subsidiary that the prospectus generally caps at 25% of assets at each fiscal quarter‑end.
- The listed fee is a 0.33% gross expense ratio reduced to a 0.26% net fee after a 0.07% waiver, and VanEck has committed to cover offering costs through at least Feb. 1, 2028, so investors should expect fee changes after that date.
- The launch packages VanEck’s existing Wealth Builder adviser model into a public ETF and builds on the firm’s prior use of coin ETPs—VanEck reported $244.1 billion AUM and raised Bitcoin ETP exposure in its NODE fund to 16.8% at September‑end—giving scale and a track record behind the product.