MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, October 30, 2009 WisdomTree Chases Real Returns WisdomTree filed for a new ETF with the SEC on Wednesday. If approved, the WisdomTree Real Return Fund will invest in inflation-linked securities such as TIPS, bonds and commodities instruments. The fund will be sub-advised by Mellon Capital Management and will come with an expense ratio of 50 basis points. WisdomTree has agreed to waive 10 bps of those management fees through August 31, 2010, and WisdomTree will pay Mellon 12 bps of the first $100 million in average daily net assets of the fund, with a step down to seven basis points should daily assets reach an excess of $500 million. WisdomTree has a total of 50 ETFs. Printed from: MFWire.com/story.asp?s=23101 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |