Previously Announced Fund Change Takes Effect
AUNZ now offers broad-based exposure to local currency debt of
Australia and New Zealand
NEW YORK -- (Business Wire)
WisdomTree (NASDAQ: WETF), an exchange-traded fund (“ETF”) sponsor and
asset manager, announced that previously declared changes to the
WisdomTree Dreyfus New Zealand Dollar Fund became effective as of the
market open today, October 25, 2011. The WisdomTree Australia & New
Zealand Debt Fund (AUNZ) now offers broad-based exposure to local
currency debt of Australia and New Zealand.
“Australia & New Zealand are uniquely situated geographically to
potentially benefit from increased economic growth from Asia and
currently offer attractive yields compared to other developed markets.
We believe AUNZ offers a convenient way for investors to gain exposure
to the local debt from these countries,” said Bruce Lavine, WisdomTree
President & COO.
Former Fund Name/Ticker
||New Fund Name/Ticker||
WisdomTree Dreyfus New Zealand Dollar Fund (BNZ)||
WisdomTree Australia & New Zealand Debt Fund (AUNZ)||
Restructured to provide exposure to Australia &
Zealand debt denominated in their respective
Extend duration to achieve intermediate-
Zealand bond strategy.
There are risks associated with investing, including possible loss of
principal. Foreign investing involves special risks, such as risk of
loss from currency fluctuation or political or economic uncertainty.
Derivative investments can be volatile and these investments may be less
liquid than other securities, and more sensitive to the effects of
varied economic conditions. The Fund focuses its investments in
Australia and New Zealand, thereby increasing the impact of events and
developments in Australia and New Zealand that can adversely affect
Fixed income investments are subject to interest rate risk; their value
will normally decline as interest rates rise. In addition when interest
rates fall income may decline. Fixed income investments are also subject
to credit risk, the risk that the issuer of a bond will fail to pay
interest and principal in a timely manner, or that negative perceptions
of the issuers ability to make such payments will cause the price of
that bond to decline. Unlike typical exchange-traded funds, there is no
index that the Fund attempts to track or replicate. Thus, the ability of
the Fund to achieve its objective will depend on the effectiveness of
the portfolio manager. Please read the Fund’s prospectus for specific
details regarding the Fund’s risk profile.
Investors should carefully consider the investment objectives, risks,
charges and expenses of the Funds before investing.To obtain a
prospectus containing this and other important information, call
866-909-9473 or visit wisdomtree.com. Read the prospectus carefully
WisdomTree Funds are distributed by ALPS Distributors, Inc.
Bruce Lavine is a registered representative of ALPS Distributors, Inc.
WisdomTree® is a New York-based exchange-traded fund (“ETF”) sponsor and
asset manager. WisdomTree currently offers 47 ETFs across Equities,
Currency Income, Fixed Income and Alternatives asset classes. WisdomTree
also licenses its indexes to third parties for proprietary products and
offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.
WisdomTree currently has approximately $11.8 billion in ETF assets under
management. For more information, please visit www.wisdomtree.com.
WisdomTree is the marketing name for WisdomTree Investments, Inc. and
its wholly owned subsidiaries WisdomTree Asset Management, Inc. and
WisdomTree Retirement Services, Inc. WisdomTree Asset Management, Inc.
is a registered investment advisor and is the investment advisor to the
WisdomTree Trust and the WisdomTree ETFs. The WisdomTree Trust is a
registered open-end investment company. Each WisdomTree ETF is a series
of the WisdomTree Trust. WisdomTree Retirement Services, Inc. supports
the use of the WisdomTree ETFs in retirement plans by financial
WisdomTree Investments, Inc.
Source: WisdomTree Investments, Inc.