New equity offerings provide investors with
efficient access to diverse sectors and markets
TORONTO, Sept. 21, 2017 /CNW/ - WisdomTree Asset
Management Canada, Inc. ("WisdomTree Canada") today announced the
launch of three equity funds, the WisdomTree Canada Quality
Dividend Growth Index ETF ("DGRC"), WisdomTree Emerging Markets
Dividend Index ETF ("EMV.B") and WisdomTree U.S. MidCap Dividend
Index ETF ("UMI" and "UMI.B") (collectively the "Funds").
WisdomTree Canada has completed the initial public offering of
the non-hedged units of the Funds and the hedged units of the
WisdomTree U.S. MidCap Dividend Index ETF, which will commence
trading on the Toronto Stock Exchange ("TSX") today.
- WisdomTree Canada Quality Dividend Growth Index ETF (TSX:
DGRC): Provides exposure to dividend-paying Canadian companies
with growth characteristics. The Fund seeks to track, to the extent
possible, the price and yield performance of the WisdomTree Canada
Quality Dividend Growth Index, before fees and expenses. The Fund's
management fee is 0.21%.
- WisdomTree Emerging Markets Dividend Index ETF (TSX:
EMV.B): Provides exposure to dividend-paying stocks within
emerging markets that meet minimum listing, market capitalization
and liquidity requirements. The Fund seeks to track, to the extent
possible, the price and yield performance of the WisdomTree
Emerging Markets Dividend Index CAD, before fees and expenses. The
Fund's management fee is 0.38%.
- WisdomTree U.S. MidCap Dividend Index ETF (TSX: UMI &
UMI.B): Provides exposure to the mid-capitalization segment of
the U.S. dividend-paying market. The Fund seeks to track, to the
extent possible, the price and yield performance of the WisdomTree
U.S. MidCap Dividend Index CAD, before fees and expenses. The
management fee for the hedged units of the Fund is 0.38% and 0.35%
for the non-hedged units of the Fund.
"By taking a dividend-weighted approach, rather than weighting
by market-capitalization, these new funds provide investors with
more efficient access to the growth taking place in Canada, the U.S. and key emerging markets,"
said Jeff Weniger, WisdomTree Asset
Allocation Strategist. "All three of these new funds can serve as
core holdings in an investor's portfolio."
WisdomTree's Canadian product suite now covers U.S., Canadian,
European and international equities in developed and emerging
markets as well as Canadian fixed income. The funds provide
Canadian investors with the opportunity to gain exposure to equity
and fixed income asset classes through innovative, dividend-focused
methodologies while managing foreign currency exposure through a
variety of hedged, non-hedged and variably hedged strategies.
Further information about the Funds can be found
at www.wisdomtree.com.
The WisdomTree ETFs listed on the Toronto Stock Exchange are
managed by WisdomTree Asset Management Canada, Inc. Commissions,
management fees and expenses all may be associated with investing
in WisdomTree ETFs. Please read the relevant prospectus, which is
available at WisdomTree.com, before investing.
WisdomTree ETFs are not guaranteed. Their values change frequently,
and past performance may not be repeated.
About WisdomTree
WisdomTree Investments, Inc., through its subsidiaries in the
U.S., Europe, Japan and Canada (collectively, "WisdomTree"), is an
exchange-traded fund ("ETF") and exchange-traded product ("ETP")
sponsor and asset manager headquartered in New York. WisdomTree offers products covering
equities, fixed income, currencies, commodities and alternative
strategies. WisdomTree currently has approximately US$45.8 billion in assets under management
globally.
SOURCE WisdomTree Asset Management Canada, Inc.