WisdomTree Investments Announces Launch of First Family of FundamentallyWeighted Dividend ETFs;
Post on: 12 Июнь, 2015 No Comment
Page/Link:
Page URL:
HTML link:
Citations:
- MLA style: WisdomTree Investments Announces Launch of First Family of Fundamentally-Weighted Dividend ETFs; Firm Creates Unique Indexing Approach, Offers Fundamental Alternative to Market-Cap Weighted Indexes..www.thefreelibrary.com/WisdomTree+Investments+Announces+Launch+of+First+Family+of. -a0146942338
- Chicago style: The Free Library. S.v. WisdomTree Investments Announces Launch of First Family of Fundamentally-Weighted Dividend ETFs; Firm Creates Unique Indexing Approach, Offers Fundamental Alternative to Market-Cap Weighted Indexes..www.thefreelibrary.com/WisdomTree+Investments+Announces+Launch+of+First+Family+of. -a0146942338
NEW YORK — WisdomTree Investments (WSDT.PK) today announced that the WisdomTree Trust ETFs are scheduled to commence trading this Friday, June 16, 2006, on the New York Stock Exchange. The company will be holding a conference call at 11:00 a.m. this morning. To participate, please contact Kristina Ferrari at (212) 704-7385 to receive dial-in information for the call.
WisdomTree’s product launch includes the first international smallcap ETFs listed in the U.S. and the first family of ETFs that track indexes comprised of high-yielding international equity securities. The underlying WisdomTree dividend indexes upon which the ETFs are based can also serve as the basis for institutional accounts, and WisdomTree Investments intends to market its investment strategies to pension managers, plan sponsors, and endowments.
Today, WisdomTree is ushering in a new era in ETFs with the introduction of the first family of fundamentally-weighted dividend funds, said Jonathan Steinberg, WisdomTree Investments’ CEO. The WisdomTree family of ETFs provides investors with broad market exposure across major market capitalizations, both domestically and internationally.
Board of Directors/Management Team
WisdomTree Investments’ board of directors is comprised of hedge fund legend Michael H. Steinhardt, who serves as the company’s chairman and is its largest investor; Wharton Professor Jeremy J. Siegel, who serves as WisdomTree’s Senior Investment Strategy Advisor; James D. Robinson IV, Co-Founder of RRE Ventures; Jonathan Steinberg, CEO of WisdomTree Investments; and Frank Salerno, formerly Chief Operating Officer of Merrill Lynch Inc.’s America’s Institutional division and an 18-year Bankers Trust veteran.
The company also has tapped seasoned executives from the ETF market, including Bruce Lavine, the company’s President and Chief Operating Officer, who previously held key leadership positions in the iShares ETF unit at Barclays Global Investors.
Chairman of the Board Michael Steinhardt commented, I’ve always prided myself on being on the leading edge of innovative investment strategies. I believe WisdomTree falls into that category.
About WisdomTree’s Investment Philosophy
WisdomTree’s investment philosophy stems from its search for broad-based indexes that can potentially outperform market cap-weighted indexes with lower risk. Believing that there was a better way to index, WisdomTree created a new family of stock indexes designed to overcome the potential drawbacks of market cap-weighted benchmarks.
Consensus investment wisdom suggests that a stock’s price is the best measure of its fair value. As a result more than 90% of indexes are weighted by market capitalization, said Professor. Siegel. However, WisdomTree’s indexes are based on the premise that market cap-weighting is only justified if stocks are always priced rationally, which isn’t always the case. I believe WisdomTree has developed an effective strategy to exploit these mispricings.
The WisdomTree Indexes are fundamentally weighted. Eighteen indexes are weighted based on the total cash dividends companies pay; two are based on dividend yield. This methodology has allowed WisdomTree Investments to create a global, investable index family that scales for the size of the firm paying the dividend.
Back testing conducted by WisdomTree Investments shows the WisdomTree fundamentally-weighted dividend indexes outperformed cap-weighted indexes in virtually all markets, generally with less risk, during the long-term period tested.
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 of dividends and does not reflect management fees, transaction costs or other expenses. You cannot invest directly in an index.
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 principle. Past performance does not guarantee future results.
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. Shares may be sold through brokerage accounts, but may be redeemed from the funds only in large amounts of 50,000 shares or more.
WisdomTree Funds are distributed by ALPS Distributors, Inc. (C) 2006 WisdomTree Investments, Inc. WisdomTree, High-Yielding Equity, Dividend Top 100, and WisdomTree DIEFA are registered service marks of WisdomTree Investments, Inc. WisdomTree Investments, Inc. has a patent pending on the methodology and operation of its indexes.