WisdomTree Announces Europe Multifactor Fund (EUMF) and Japan Multifactor Fund (JAMF)
March 29 2019 - 8:30AM
Formerly WisdomTree Dynamic Currency Hedged
Europe Equity Fund (DDEZ) and WisdomTree Dynamic Currency
Hedged Japan Equity Fund (DDJP)
WisdomTree (NASDAQ: WETF), an exchange-traded fund (“ETF”) and
exchange-traded product (“ETP”) sponsor and asset manager, today
announced the implementation of changes for the WisdomTree Dynamic
Currency Hedged Europe Equity Fund (DDEZ) and the WisdomTree
Dynamic Currency Hedged Japan Equity Fund (DDJP). Effective today,
the fund names, tickers, investment objectives and investment
strategies have changed, and both funds will transition to
transparent, models-based actively managed multifactor strategies,
as reflected below. The funds’ expense ratios remain unchanged.
- WisdomTree Europe Multifactor Fund (EUMF):
Formerly the WisdomTree Dynamic Currency Hedged Europe Equity Fund
(DDEZ), EUMF seeks to achieve income and capital appreciation
through a transparent, actively managed strategy, investing in
European equity securities that exhibit the highest potential for
returns based on proprietary measures of factors such as value,
quality, momentum and correlation.
- WisdomTree Japan Multifactor Fund (JAMF):
Formerly the WisdomTree Dynamic Currency Hedged Japan Equity Fund
(DDJP), JAMF seeks to achieve income and capital appreciation
through a transparent, actively managed strategy, investing in
Japanese equity securities that exhibit the highest potential for
returns based on proprietary measures of factors such as value,
quality, momentum and correlation.
Both funds seek to manage currency risk by dynamically hedging
currency fluctuations against the U.S. dollar, ranging from a 0% to
100% hedge. The hedge ratios are adjusted periodically, utilizing
signals such as interest rate differentials, momentum and
value.
With the addition of EUMF and JAMF, WisdomTree now offers
investors access to five multifactor ETFs, including the WisdomTree
U.S. Multifactor Fund (USMF), WisdomTree Emerging Markets
Multifactor Fund (EMMF) and WisdomTree International Multifactor
Fund (DWMF).
“WisdomTree’s Modern Alpha approach to multifactor investing is
designed to provide higher alpha potential with lower volatility
and all the benefits of the ETF structure. We continue to see value
in this approach and are excited to expand our offerings with the
restructuring of EUMF and JAMF,” said Jeremy Schwartz, WisdomTree
EVP and Global Head of Research.
Learn more about the WisdomTree Europe Multifactor Fund (EUMF)
here and the WisdomTree Japan Multifactor Fund (JAMF) here.
Investing involves risk including possible loss of principal.
Investments in non-U.S. securities involve political, regulatory,
and economic risks that may not be present in U.S. securities. For
example, foreign securities may be subject to risk of loss due to
foreign currency fluctuations, political or economic instability,
or geographic events that adversely impact issuers of foreign
securities; this risk may be heightened in emerging markets.
Derivatives used by the Fund to offset exposure to foreign
currencies may not perform as intended. There can be no assurance
that the Fund's hedging transactions will be effective. The value
of an investment in the Fund could be significantly and negatively
impacted if foreign currencies appreciate at the same time that the
value of the Fund's equity holdings falls. While some of the Funds
are actively managed, the Fund’s investment process is expected to
be heavily dependent on quantitative models and the models may not
perform as intended. Please read each Fund’s prospectus for
specific details regarding each 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-20190315-0045
About WisdomTree
WisdomTree 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 $58.6 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 Relations WisdomTree Investments, Inc. Jessica Zaloom /
Kylie Scott +1.917.267.3735 /
+1.917.267.3860 jzaloom@wisdomtree.com /
kscott@wisdomtree.com
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