Posts for Ticker ‘WSDT’

WisdomTree Launches Emerging Currency ETF (CEW, WSDT)

money-stack-image8There was a new ETF launch today on the NYSE Euronext.  The WisdomTree Dreyfus Emerging Currency Fund (NYSE: CEW) marks the 50th ETF listed by WisdomTree on NYSE Arca.  The “CEW” fund will seek to provide investors exposure to both money market rates and currency exchange rates across 11 emerging market countries.
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Posted on: May 6, 2009 – 3:00 pm in ETF, Emerging Markets, IPOs, ,

Companies Not On SEC Short Sale Ban, But Should Be

Frankly, we think the ban on short sales is not the right way to run a free market.  But it doesn’t matter what we think.  These are the new rules, but they do not always make sense. Consider the stocks listed below that have many of the same issues as the financial companies but did not make the SEC’s list.

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Posted on: September 19, 2008 – 1:07 pm in Regulation, Short Interest, , , , , , , , , , ,

Middle East ETF Launch: WisdomTree Middle East Dividend Fund (GULF, WSDT)

We have seen the launch today on the NASDAQ of the WisdomTree Middle East Dividend Fund
(NASDAQ: GULF).  WisdomTree (PinkSheets: WSDT) is the manager of the index and the ETF.

The WisdomTree Middle East Dividend Fund is based on the WisdomTree Middle East Dividend Index. This "GULF" ETF provides investors with exposure to approximately 70 dividend paying companies listed in Bahrain, Egypt, Jordan, Kuwait, Morocco, Oman, Qatar and the United Arab Emirates.

Our other emerging and developing market coverage on Africa and the Middle East is as follows:
Jim Cramer Gives Middle East Infrastructure Picks
Africa ETF Launched: Market Vectors-Africa Index ETF
Africa: The Final Emerging Market Frontier
Big IPO: Safaricom in Kenya

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Posted on: July 16, 2008 – 11:53 am in ETF, International Markets, ,

WisdomTree Launching Currency Income ETF’s (WSDT, CYB, ICN, BZF, JYF, EU)

WisdomTree Investments, Inc. (Pink Sheets: WSDT) and The Dreyfus Corporation, a BNY Mellon Asset Management Company, announced the launch of five WisdomTree Dreyfus Currency Income ETFs on the NYSE Arca.

The ETFs are actively-managed and designed to earn current income that reflects money market rates that are available to foreign investors in the specific region. Additionally, they will be exposed to changes in non-U.S. currencies values compared to the U.S. dollar. Being actively-managed, the ETFs will have greater flexibility but still maintain the transparency that makes ETFs so attractive. This fund targets short-term, investment grade instruments and as a result, the share price is expected to be volatile.

The funds are expected to commence trading on Tuesday, May 13, 2008. The ETFs are listed below:

  • WisdomTree Dreyfus Chinese Yuan Fund (NYSE Arca: CYB)
  • WisdomTree Dreyfus Indian Rupee Fund (NYSE Arca: ICN
  • WisdomTree Dreyfus Brazilian Real Fund (NYSE Arca: BZF)
  • WisdomTree Dreyfus Japanese Yen Fund (NYSE Arca: JYF)
  • WisdomTree Dreyfus Euro Fund (NYSE Arca: EU)

Rachel Lopez
May 1, 2008

Posted on: May 1, 2008 – 1:51 pm in ETF, , , , , ,

New ETF To Track India (WSDT, IIF, IFN, INP, EPI)

WisdomTree Investments (WSDT-OTC) made a fairly significant announcement yesterday for those who trade ETF’s.  The ETF manager is going to launch an ETF in the latter part of February that tracks the Indian stock market, one of the larger emerging markets that is not exactly the easiest for Americans and non-Indians to invest in.

This will have the proposed tick of "EPI" on the NYSE.  What is most interesting is that it is said to be an "earnings weighted ETF" and it will offer pure exposure to local Indian securities rather than just the US-listed ADR securities.  This will also be more of an open-ended fund so that its assets will actually fluctuate more in-line with the underlying securities as opposed to swinging at wider premiums or discounts to the net asset values that closed-end funds and some ETF’s encounter.

EPI will select from a broad universe of approximately 150 profitable companies included in the WisdomTree India Earnings Index on the annual index screening date. EPI will be listed on the NYSE Arca.  You can access the full release here.

The current major ETF that traders use is the iPath MSCI India Index ETN (NYSE: INP) or traders go to the closed end fund called the India Fund, Inc. (NYSE: IFN) or the Morgan Stanley India Investment Fund, Inc. (NYSE: IIF). 

This may offer investors a chance to invest in a broader basket of Indian shares without the added volatility that can be caused from the premium and discount to net asset values.  Now we just have to wait about 5 or 6 weeks to see how well it works and how active the trading is.

Jon C. Ogg
January 24, 2008

Posted on: January 24, 2008 – 1:55 pm in ADR, ETF, , , , , , , ,

New Emerging Markets ETF (DGS, WSDT)

There is a new ETF trading on the NYSE today. The WisdomTree Emerging Markets SmallCap Dividend Fund listed on NYSE Arca under the ticker symbol DGS, and it has begun trading.

This ETF was created to track the price and yield performance of the "WisdomTree Emerging Markets SmallCap Dividend Index."  This index is a fundamentally weighted index primarily measuring the performance of small cap stocks.

If you’d like to see the top components you can find that here on the WisdomTree site.  According to that site and performance results, it appears that this index is up some 63% over the last year.

WisdomTree Investments Inc. is also public and trades under the OTC/PinkSheets ticker "WDST."

Jon C. Ogg
October 30, 2007

Posted on: October 30, 2007 – 10:22 am in ETF, ,