Chinese Yuan, Indian Rupee, Brazilian Real and Euro ETFs list on
NYSE Arca
NEW YORK--(Business Wire)--
WisdomTree Investments, Inc. (Pink Sheets: WSDT) and The Dreyfus
Corporation, a BNY Mellon Asset Management Company, announced the
listing of the WisdomTree Dreyfus Currency Income ETFs on the NYSE
Arca today, Wednesday May 14th. The WisdomTree Dreyfus Japanese Yen
Fund will list on or after Friday, May 16th.
The industry's first Currency Income ETFs will allow investors to
gain exposure to non-U.S. money market yields and their associated
currency movements.
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NYSE
Arca Expense
ETF Name Ticker Ratio Cusip
WisdomTree Dreyfus Chinese Yuan Fund CYB 0.45% 97717W182
WisdomTree Dreyfus Indian Rupee Fund ICN 0.45% 97717W166
WisdomTree Dreyfus Brazilian Real Fund BZF 0.45% 97717W240
WisdomTree Dreyfus Euro Fund EU 0.35% 97717W174
WisdomTree Dreyfus Japanese Yen Fund JYF 0.35% 97717W224
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The ETFs will seek to earn current income reflective of money
market rates available to U.S. investors in the specified country or
region. The ETFs will also seek to provide exposure to changes in the
value of a designated non-U.S. currency relative to the U.S. dollar.
Each ETF will disclose its portfolio holdings on a daily basis.
Although each fund invests in very short-term, investment grade
instruments, the funds are not "money market" funds and it is not the
objective of the funds to maintain a constant share price.
Learn more about the WisdomTree Dreyfus Currency Income ETFs in
our May 1st announcement.
There are risks associated with investing including possible loss
of principal. In addition to the normal risks of investing, foreign
investing involves special risks, such as risk of loss from currency
fluctuation or political or economic uncertainty. The funds focus
their investments in specific regions or countries, thereby increasing
the impact of events and developments associated with the region or
country which can adversely affect performance. Investments in
emerging markets are generally less liquid and less efficient than
developed markets. Investments in currency involve additional special
risks, such as credit risk, interest rate fluctuations, derivative
investment risk and the effect of varied economic conditions. As these
funds can have a high concentration in some issuers the funds can be
adversely impacted by changes affecting those issuers. Unlike typical
exchange-traded funds, there are no indexes that the Funds attempt to
track or replicate. Thus, the ability of the Funds to achieve their
objectives will depend on the effectiveness of the portfolio manager.
Please read the funds prospectus for specific details regarding the
fund's risk profile.
Investors should consider the objectives, risks, charges and
expenses of the Funds carefully before investing. A prospectus
containing this and other information is available at
www.wisdomtree.com. Please read the prospectus carefully before
investing.
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WisdomTree Funds are distributed by ALPS Distributors, Inc.
ALPS Distributors, Inc. is not affiliated with Dreyfus or BNY Mellon.
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WIS001154 05/2009
WisdomTree Investments has patent applications pending on the
methodology and operation of its indexes and ETFs.
(C) 2008 WisdomTree Investments, Inc.
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 2008, assets under management in the WisdomTree Trust are
approximately $4.7 billion.
About BNY Mellon Asset Management
BNY Mellon Asset Management is one of the world's largest global
asset managersn with more than US$1 trillion in assets under
management. The multi-boutique asset management model encompasses the
investment skills of world class specialist asset managers who are
amongst the most advanced and highly regarded names in money
management. With investment expertise that spans the asset class
spectrum, BNY Mellon Asset Management offers a comprehensive suite of
beta-achieving and alpha-generating investment strategies to meet the
unique needs of institutional investors. BNY Mellon Asset Management
is part of The Bank of New York Mellon Corporation.
The Bank of New York Mellon Corporation is a global financial
services company focused on helping clients manage and service their
financial assets, operating in 34 countries and serving more than 100
markets. The company is a leading provider of financial services for
institutions, corporations and high-net-worth individuals, providing
superior asset management and wealth management, asset servicing,
issuer services, clearing services and treasury services through a
worldwide client-focused team. It has more than $20 trillion in assets
under custody and administration, more than $1.1 trillion in assets
under management and services $12 trillion in outstanding debt.
Additional information is available at bnymellon.com.
About The Dreyfus Corporation
The Dreyfus Corporation, established in 1951 and headquartered in
New York City, is one of the nation's leading asset management and
distribution companies. Dreyfus and its subsidiaries currently manage
more than $280 billion in mutual funds, separately managed accounts,
and institutional portfolios. Dreyfus is part of BNY Mellon Asset
Management, a leading global provider of investment management
products and services that offers a broad range of equity,
fixed-income, hedge and liquidity management products through
individual asset management companies and multiple distribution
channels.
WisdomTree Investments, Inc.
Stuart Bell, 917-267-3702
sbell@wisdomtree.com
or
Dreyfus
Patrice M. Kozlowski, 212-922-6030
kozlowski.pm@dreyfus.com
Copyright Business Wire 2008
