WisdomTree Global ex US ... (AMEX:DRW)
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From Jun 2019 to Jun 2024
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.