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DRW WisdomTree Global ex US Real Estate Fund

22.8824
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
WisdomTree Global ex US Real Estate Fund AMEX:DRW AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 22.8824 0 01:00:00

WisdomTree Launches International Real Estate Fund

05/06/2007 1:00pm

Business Wire


WisdomTree Global ex US ... (AMEX:DRW)
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WisdomTree Investments, Inc. (Pink Sheets: WSDT) today announced that The WisdomTree Trust will launch a new dividend-weighted ETF today on the American Stock Exchange. The WisdomTree International Real Estate Fund (AMEX: DRW), tracks an index that is comprised of approximately 224 dividend paying companies in 19 developed market countries across Europe, Asia and Far East whose primary business is operating or developing real estate. This is WisdomTree’s 25th fund focused on non-U.S. equity markets. The new ETF will have an expense ratio of .58% and will trade under the ticker DRW. The Kellogg Group will act as the specialist for the product. “Real estate has been a strong performing asset class over the last few years and we are pleased to introduce a unique investment vehicle focused exclusively on diversifying investors across international borders,” said Bruce Lavine, President & COO of WisdomTree. “We think an investment in international real estate can provide significant diversification benefits as the asset class has a relatively low correlation with domestic real estate and offers access to fast growing real estate sectors around the world.” Jonathan Steinberg, CEO of WisdomTree, added, “This new ETF is consistent with WisdomTree’s focus on fundamental weighting, which is designed to offer investors the potential for long-term performance, with lower volatility than comparable international real estate market cap-weighted ETFs.” About WisdomTree Investments, Inc. WisdomTree Investments, Inc. has developed the first family of fundamentally weighted indexes and ETFs. The WisdomTree Indexes cover all major market capitalizations, both domestically and internationally. In contrast to capitalization-weighted indexes, the WisdomTree Indexes anchor the initial weights of individual stocks to a measure of fundamental value. The company believes its approach provides investors with a viable alternative to market cap-weighted indexes. WisdomTree Trust is a Delaware statutory trust registered as an open-end investment company with the Securities and Exchange Commission. Each WisdomTree ETF is a series of WisdomTree Trust. As of May 2007, assets under management in the WisdomTree trust are approximately $4 billion. Investing involves risk including the possible loss of principle. International investing involves special risks, such as currency fluctuation or political uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest-rate fluctuations and the affect of varied economic conditions. Past performance does not guarantee future results. Investors should consider the objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus containing this and other information is available by calling 1-866-909-WISE (9473) or by visiting www.wisdomtree.com. Please read the prospectus carefully before investing. WisdomTree Funds are distributed by ALPS Distributors, Inc.

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