WisdomTree Investments Files to Launch 10 New International Sector Exchange Traded Funds; Funds Represent First Pure International Sector ETFs.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Investment Approach Furthers ETF ETF See Exchange Traded Fund. ETF See exchange-traded fund (ETF). Industry's Most Comprehensive Family of Fundamentally-Weighted Dividend Indexes and International ETFs WisdomTree Investments (Pink Sheets: WSDT WSDT Washington State Department of Transportation ) today announced that it has filed to register ten new international sector ETFs. Each ETF will focus on a specific industry sector consisting of only international equity securities. The WisdomTree international sector ETFs will be the first ETFs to offer pure international sector exposure. Existing ETFs are based on a "global" sector model and contain a mix of both international and domestic securities. The ten new ETFs will have an expense ratio of .58% and represent the following international sectors: --WisdomTree International Basic Materials Sector Fund --WisdomTree International Communications Sector Fund --WisdomTree International Consumer Cyclical cyclical Of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements. Sector Fund --WisdomTree International Consumer Non-Cyclical Sector Fund --WisdomTree International Energy Sector Fund --WisdomTree International Financial Sector Fund --WisdomTree International Health Care Sector Fund --WisdomTree International Industrial Sector Fund --WisdomTree International Technology Sector Fund --WisdomTree International Utilities Sector Fund "Since our inception, we have focused on developing innovative products designed to passively outperform Outperform An analyst recommendation meaning a stock is expected to do slightly better than the market return. Notes: Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy. traditional benchmarks," said Bruce Lavine, President and COO of WisdomTree Investments. "International sectors offer an added dimension as the first pure non-U.S. sector ETF family. Combined with our recently launched international small- and mid-cap funds, WisdomTree will be bringing to market a unique set of international ETFs." All WisdomTree ETF's are constructed to track WisdomTree-developed fundamentally-weighted dividend indexes. In contrast to capitalization-weighted indexes Capitalization-Weighted Index A stock index which is computed by adding the capitalization (float times price) of each individual stock in the index, and then dividing by the divisor. The stocks with the largest market values have the heaviest weighting in the index. , the WisdomTree Indexes anchor the initial weights of individual stocks to dividends paid, a measure of fundamental value. WisdomTree believes its approach provides investors with a viable alternative to market cap-weighted indexes. About WisdomTree Investments, Inc. WisdomTree Investments has developed the first family of fundamentally-weighted dividend indexes and ETFs. The WisdomTree Indexes cover all major market capitalizations Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. , both domestically and internationally. WisdomTree Investments has attracted a talented group of industry veterans to its Board of Directors, including Professor Jeremy Siegel Jeremy Siegel (born November 14, 1945) is the Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania in Philadelphia, Pennsylvania. Siegel comments extensively on the economy and financial markets - he appears regularly on networks like CNN, of The Wharton School, and legendary investor Michael Steinhardt Michael Steinhardt (born 1940) is an American businessman and was a one of the first prominent hedge fund managers. He founded Steinhardt, Fine, Berkowitz & Co. . About WisdomTree Asset Management, Inc. WisdomTree Asset Management provides institutions with a variety of products, strategies and ETFs based on WisdomTree's proprietary index methodology. WisdomTree Trust is a Delaware statutory trust registered as an open-end investment company open-end investment company: see mutual fund. with the Securities and Exchange Commission. Each WisdomTree ETF is a series of WisdomTree Trust. Investors should consider the investment 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. Investors should read the prospectus carefully before investing. There are risks associated with investing including the possible loss of principal. Past performance does not guarantee future results. The information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted. In addition to the normal risks associated with investing, foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Funds focusing on a single country and funds that emphasize investments in smaller companies may experience greater price volatility. Transactions in fund shares will result in brokerage commissions and will generate tax consequences. The performance of WisdomTree Indexes is based on a back test, i.e., calculations of how an index might have performed in the past had it existed. Hypothetical back tested performance has inherent limitations and is not indicative of future results. Index performance data assumes reinvestment Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. of dividends and does not reflect management fees, transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). or other expenses. You cannot invest directly in an index. WisdomTree Funds are distributed by ALPS Alps, great mountain system of S central Europe, c.500 mi (800 km) long and c.100 mi (160 km) wide, curving in a great arc from the Riviera coast on the Mediterranean Sea, along the borders of N Italy and adjacent regions of SE France, Switzerland, SW Germany, and Distributors, Inc. (C) 2006 WisdomTree Investments, Inc. "WisdomTree" is a service mark of WisdomTree Investments, Inc. WisdomTree Investments, Inc. has a patent pending on the methodology and operation of its indexes. (WIS000116 07/07) |
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