Saturday, 1 August 2015
Last updated 17 hours ago
Aug 30 2012 | 3:43am ET
WisdomTree Investments' International Hedge Equity exchange-traded fund has been reborn and renamed.
Despite its new name, the WisdomTree Europe Hedged Equity Fund, which debuted at the close of business yesterday, actually seeks to cut its exposure to the euro and Europe's financial sector. Instead, the relaunched fund will focus on export-driven European companies, especially those that pay dividends.
"By providing exposure to European stocks while neutralizing the downside for U.S. investors that would be inflicted by a weakening euro, we believe HEDJ can present a precise and thoughtful alternative to un-hedged portfolios of European stocks," Luciano Siracusano, WisdomTree's chief investment strategist, said.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…