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Products November 16, 2006
WisdomTree Asks SEC Approval for 31 ETFs
WisdomTree Investments, Inc. announced Thursday that it has asked for Securities and Exchange Commission approval to register 31 new exchange-traded funds (ETFs).
Reported by Adrien Martin
According to a news release, the WisdomTree Indexes anchor the initial weights of individual stocks to a measure of fundamental value, rather than using capitalization-weighted indexes.
The Delaware company already has 30 fundamentally-weighted ETFs listed on the New York Stock Exchange, 10 of which it added in early October and are strictly international, according to a prior news release.
For more information on the new ETFs visit http://www.wisdomtree.com/etfs/
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