MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
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Tuesday, June 5, 2007 WisdomTree Broadens ETF Roster WisdomTree has expanded its lineup of ETFs. The WisdomTree International Real Estate Fund, which started trading today on the American Stock Exchange, seeks to track the price and yield performance of the WisdomTree International Real Estate Index. The American Stock Exchange(R) (Amex(R)) announced today that it has launched trading in the WisdomTree International Real Estate Fund by WisdomTree Trust ("Wisdom Tree"). DRW seeks to track the price and yield performance of the WisdomTree International Real Estate Index. The index measures the performance of real estate companies in developed markets outside of the U.S. and Canada that pay regular cash dividends on shares of common stock. Companies included in the Index must be incorporated in one of 16 developed-market European countries, Japan, Hong Kong, Singapore, Australia, or New Zealand, and must be listed on a major securities exchange in one of those countries. The Index includes real estate operating companies, real estate development companies, diversified REITs, and companies that may be classified as Passive Foreign Investment Companies (PFICs). "The Amex is pleased to partner with WisdomTree as they launch another important new ETF on the Exchange," said Scott Ebner, Senior Vice President of the ETF Marketplace. "DRW provides investors with access to the global diversification and income opportunities available in the international real estate sector." Kellogg Capital Group, LLC has been selected as the specialist for DRW. About The American Stock Exchange The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 315 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/. American Stock Exchange Printed from: MFWire.com/story.asp?s=14620 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |