WisdomTree Announces Changes to Two Emerging Markets ETFs
October 25 2018 - 4:15PM
WisdomTree Restructures Two Emerging
Markets ETFs from Index-Based to Transparent Active
WisdomTree (NASDAQ: WETF), an exchange-traded fund (“ETF”) and
exchange-traded product (“ETP”) sponsor and asset manager,
announced the implementation of changes for two WisdomTree emerging
markets ETFs, as previously described in a notice to shareholders.
WisdomTree Emerging Markets Consumer Growth Fund (EMCG) and the
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) no
longer seek to track an index and operate pursuant to a transparent
actively managed strategy. The expense ratio, Fund names and
tickers remain unchanged. The new investment objective and strategy
for each Fund is as follows:
- The WisdomTree Emerging Markets Consumer Growth Fund
(EMCG) seeks to achieve income and capital appreciation
using a disciplined, model-based process, investing primarily in
consumer growth stocks in emerging markets that provide the best
combined rank of growth, quality, and valuation characteristics.
- The WisdomTree Emerging Markets Quality Dividend Growth
Fund (DGRE) seeks to achieve income and capital
appreciation using a disciplined, model-based process, investing
primarily in emerging market dividend-paying common stocks with
growth characteristics.
Jeremy Schwartz, WisdomTree Director of Research, explains,
“While EMCG and DGRE will no longer track an index, the spirit of
these funds will remain the same. Changing the implementation of
the strategy to a transparent, actively managed process has the
potential to mitigate risk and result in stronger returns over
time.”
There are risks associated with investing, including possible
loss of principal. Foreign investing involves special risks, such
as risk of loss from currency fluctuation or political or economic
uncertainty. Investments in emerging or offshore markets are
generally less liquid and less efficient than investments in
developed markets and are subject to additional risks, such as
risks of adverse governmental regulation and intervention or
political developments. Funds focusing their investments on certain
sectors increase their vulnerability to any single economic or
regulatory development. While the Funds are actively managed, each
Fund’s investment process is expected to be heavily dependent on
quantitative models and the models may not perform as intended.
Each Fund invests in derivatives to offset exposure to foreign
currencies. The return on a derivative instrument may not correlate
with the return of its underlying reference asset. Derivatives can
be volatile and may be less liquid than other securities. As a
result, the value of an investment in a Fund may change quickly and
without warning and you may lose money. Please read the Fund’s
prospectus for specific details regarding the Fund’s risk
profile.
Investors should carefully consider the investment
objectives, risks, charges and expenses of the Funds before
investing. To obtain a prospectus containing this and other
important information, call 866.909.9473 or visit wisdomtree.com.
Read the prospectus carefully before you invest.
WisdomTree Funds are distributed by Foreside Fund Services, LLC,
in the U.S. only.
Jeremy Schwartz is a registered representative of Foreside Fund
Services, LLC.
WTPR-20181022-0030
About WisdomTreeWisdomTree Investments, Inc.,
through its subsidiaries in the U.S., Europe and Canada
(collectively, “WisdomTree”), is an exchange-traded fund (“ETF”)
and exchange-traded product (“ETP”) sponsor and asset manager
headquartered in New York. WisdomTree offers products
covering equities, fixed income, currencies, commodities and
alternative strategies. WisdomTree currently has
approximately $57.3 billion in assets under management
globally. For more information, please visit
www.wisdomtree.com or follow us on Twitter @WisdomTreeETFs.
WisdomTree® is the marketing name for WisdomTree Investments,
Inc. and its subsidiaries worldwide.
Contact Information:
Media RelationsWisdomTree Investments, Inc.Jessica Zaloom /
Kylie Scott+1.917.267.3735 / +1.917.267.3860jzaloom@wisdomtree.com
/ kscott@wisdomtree.com
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