WisdomTree Announces Launch of India Equity Hedged Fund (INDH)
May 09 2024 - 8:00AM
Business Wire
WisdomTree, Inc. (NYSE: WT), a global financial innovator, today
announces the launch of the WisdomTree India Hedged Equity Fund
(INDH) on the NASDAQ. INDH seeks to track the price and yield
performance, before fees and expenses, of the WisdomTree India
Hedged Equity Index. INDH has an expense ratio of 0.63%.
The Index is designed to provide exposure to companies
incorporated, listed, and traded in India, while at the same time
“hedging” or neutralizing exposure to fluctuations in the value of
the Indian rupee relative to the U.S. dollar.
“While India’s strong economic growth and stock market
performance have led to an uptick in investor interest, emerging
market investors understand increased performance potential does
not protect against fluctuations of the Indian Rupee,” said Jeremy
Schwartz, Global Chief Investment Officer at WisdomTree. “We’re
excited to launch INDH, which combines WisdomTree’s long-standing
currency hedging expertise with the increased interest in hedging
exposure in the Indian market.”
INDH: What’s Under the Hood? The WisdomTree India
Hedged Equity Index seeks to provide exposure to 75 of the largest
Indian securities on the Bombay (Mumbai) Stock Exchange that pass
WisdomTree’s selection, liquidity and market capitalization
requirements:
- Access to the large cap segment, with a more pronounced
overweight exposure to Energy and Materials with significant
exposure to Financial and Information Technology Sectors.
- Index is weighted by float-adjusted market capitalization.
“Float-adjusted” means that the share amounts used in calculating
the Index reflect only shares available to investors. Shares held
by control groups, public companies and government agencies are
excluded.
- Index seeks to reduce the impact of fluctuations in the
relative value of the Indian rupee and the US dollar.
- The Index is reconstituted and rebalanced on an annual
basis.
Further information on the INDH fund can be found here.
Investors should carefully consider the investment objective,
risks, charges and expenses of the Fund before investing. To obtain
a prospectus or, if available, the summary 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 or, if available, the summary
prospectus carefully before investing.
WisdomTree Funds are distributed by Foreside Fund Services,
LLC. Jeremy Schwartz is a registered representative of
Foreside Fund Services, LLC.
Important Risk Information 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. The Fund
focuses its investments in India, thereby increasing the impact of
events and developments associated with the region that can
adversely affect performance. Investments in emerging, offshore or
frontier markets such as India are generally less liquid and less
efficient than developed markets and are subject to additional
risks, such as of adverse governmental regulation and intervention
or political developments. Investments in currency involve
additional special risks, such as credit risk, interest rate
fluctuations and derivative investment risk, which can be volatile
and may be less liquid than other securities, and the effect of
varied economic conditions. Due to the investment strategy of this
Fund, it may make higher capital gain distributions than other
ETFs. Please read the Fund's prospectus for specific details
regarding the Fund's risk profile.
About WisdomTree WisdomTree is a global financial
innovator, offering a well-diversified suite of exchange-traded
products (ETPs), models, solutions and products leveraging
blockchain 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®.*
*The WisdomTree Prime digital wallet and digital asset services
are made available through WisdomTree Digital Movement, Inc. (NMLS
ID: 2372500) and WisdomTree Digital Trust Company, LLC, in select
U.S. jurisdictions and may be limited where prohibited by law.
WisdomTree Digital Trust Company, LLC is chartered as a limited
purpose trust company by the New York State Department of Financial
Services to engage in virtual currency business. Visit
https://www.wisdomtreeprime.com or the WisdomTree Prime mobile app
for more information.
WisdomTree currently has approximately $107 billion in assets
under management globally, as of May 6, 2024.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240509858056/en/
Media Relations WisdomTree, Inc. Jessica Zaloom +1.917.267.3735
jzaloom@wisdomtree.com
Natasha Ramsammy +1.917.267.3798 nramsammy@wisdomtree.com /
wisdomtree@fullyvested.com
WisdomTree India Hedged ... (NASDAQ:INDH)
Historical Stock Chart
From Nov 2024 to Dec 2024
WisdomTree India Hedged ... (NASDAQ:INDH)
Historical Stock Chart
From Dec 2023 to Dec 2024