BATS ETF Marketplace Welcomes Another WisdomTree ETF
Products introduced over the last week include a small-cap ETF from WisdomTree and three mutual funds from Westwood Holdings Group.
WisdomTree Investments, an ETF sponsor and asset manager, reported net income of $7.9 million for the first quarter of 2013, up seven times from the year ago quarter and 50% from the fourth quarter of 2012.
Company also has fund ready for weakness in the greenback, which will maximize holdings in exporters.
Firm follows BlackRock, Deutsche Bank and WisdomTree in rolling out currency-hedged offerings.
With a simple approach to dividend investing, this fund’s performance has earned 4 stars.
A large 18% allocation to Russian companies will result in a more volatile portfolio.
New ETF holds debt from 12 Australasian nations, but not from Japan.
The new actively managed ETF targets positive returns in rising and falling markets.
Vanguard FTSE All-World ex-US Small-Cap provides exposure to both developed- and emerging-markets small caps, while WisdomTree offers a dividend-focused ETF and a currency-hedged ETF.