Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.
The Markets April 14, 2011
Strategy Changes For Some WisdomTree ETFs
WisdomTree announced that it will change the investment objectives, strategies, and fund names for eight of its exchange-traded funds (ETFs).
Reported by PLANADVISER staff
It will also change the name of one additional ETF to be consistent with the broader family. The changes are listed below.
Equity ETF Changes (effective June 17, 2011): | ||||||
| ||||||
Ticker |
| Former Fund Name |
| New Fund Name |
| Primary Change |
DRW |
| WisdomTree International Real Estate Fund |
| WisdomTree Global ex-US Real Estate Fund |
| Broader, global real estate exposure with addition of emerging markets. |
DBU |
| WisdomTree International Utilities Sector Fund |
| WisdomTree Global ex-US Utility Fund |
| Broader, global utilities exposure with addition of emerging markets. |
DBN |
| WisdomTree International Basic Materials Sector Fund |
| WisdomTree Commodity Country Equity Fund |
| More diversified commodity-focused equity strategy; adds emerging markets. |
DKA |
| WisdomTree International Energy Sector Fund |
| WisdomTree Global Natural Resources Fund |
| More diversified energy/natural resources-focused equity strategy; adds emerging markets. |
DND |
| WisdomTree Pacific ex-Japan Total Dividend Fund |
| WisdomTree Asia Pacific ex- Japan Fund |
| Expand portfolio to become a broader Asia-Pacific regional strategy; adds emerging markets. |
DNH |
| WisdomTree Pacific ex-Japan Equity Income Fund |
| WisdomTree Australia Dividend Fund |
| Expand majority Australia portfolio weight to pure Australia dividend strategy. |
DNL |
| WisdomTree World ex-US Growth Fund |
| WisdomTree Global ex-US Growth Fund |
| Name change only. |
Currency Income/Fixed Income ETF Changes | ||||||
| ||||||
(effective on or after June 27, 2011): | ||||||
|
|
|
|
|
|
|
Ticker |
| Former Fund Name |
| New Fund Name |
| Primary Change/Enhancement |
EU |
| WisdomTree Dreyfus Euro Fund |
| WisdomTree Dreyfus Euro Debt Fund |
| Restructured to provide exposure to debt of issuers in the European Union denominated in Euros. Extend duration to achieve intermediate-term European bond strategy. |
(effective on or after August 26, 2011): | ||||||
|
|
|
|
|
|
|
Ticker |
| Former Fund Name |
| New Fund Name |
| Primary Change/Enhancement |
BNZ |
| WisdomTree Dreyfus New Zealand Dollar Fund |
| WisdomTree Dreyfus Australia & New Zealand Debt Fund |
| Restructured to provide exposure to Australia & New Zealand debt denominated in their respective currencies. Extend duration to achieve intermediate-term Australia/ New Zealand bond strategy. |