NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced plans to close and liquidate five WisdomTree ETFs.
The ETFs will no longer accept creation orders after Friday, October 20, 2023. The final day of trading on the ETFs’ respective exchanges will also be Friday, October 20, 2023. Shareholders who do not sell their ETF shares by this date will have their shares automatically redeemed for cash based on each ETF’s net asset value (NAV), which is expected to be provided to shareholders through their brokers or other financial intermediaries on or around Monday, October 30, 2023, following the last day of operations, which is expected to be Friday, October 27, 2023. Additional information can be found in the WisdomTree Fund Changes: FAQ document here.
Fund Closures/Liquidation:
Fund Name | Ticker | Exchange |
WisdomTree Chinese Yuan Strategy Fund | CYB | NYSE Arca |
WisdomTree India ex-State-Owned Enterprises Fund | IXSE | NYSE Arca |
WisdomTree U.S. Growth & Momentum Fund | WGRO | NASDAQ |
WisdomTree Germany Hedged Equity Fund | DXGE | NASDAQ |
WisdomTree Growth Leaders Fund | PLAT | NYSE Arca |
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, please call 866.909.9473 or visit WisdomTree.com/investments to view or download a prospectus. Investors should read the prospectus carefully before investing.
Important Risk Information
There are risks associated with investing including possible loss of principal. Foreign investing involves currency, political and economic risk. Funds focusing on a single country, sector and/or funds that emphasize investments in smaller companies may experience greater price volatility. Investments in emerging markets, real estate, currency, fixed income and alternative investments include additional risks. Due to the investment strategy of certain Funds, they may make higher capital gain distributions than other ETFs. Please read the Fund's prospectus for specific details regarding the Fund's risk profile.
WisdomTree Funds are distributed in the U.S. by Foreside Fund Services, LLC.
About WisdomTree
WisdomTree is a global financial innovator, offering a well-diversified suite of exchange-traded products (ETPs), models, solutions and products leveraging blockchain-enabled technology. We empower investors and consumers to shape their future and support financial professionals to better serve their clients and grow their businesses. WisdomTree is leveraging the latest financial infrastructure to create products that provide access, transparency and an enhanced user experience. Building on our heritage of innovation, we are also developing and have launched next-generation digital products, services and structures, including digital or blockchain-enabled mutual funds and tokenized assets, as well as our blockchain-native digital wallet, WisdomTree Prime™.
WisdomTree currently has approximately $95.8 billion in assets under management globally.
For more information about WisdomTree and WisdomTree Prime™, visit: https://www.wisdomtree.com.
Please visit us on X, formerly known as Twitter, at @WisdomTreeNews.
WisdomTree® is the marketing name for WisdomTree, Inc. and its subsidiaries worldwide.
Contacts
Media Relations
WisdomTree, Inc.
Jessica Zaloom
+1.917.267.3735
jzaloom@wisdomtree.com / wisdomtree@fullyvested.com