WisdomTree cross-lists eight ETFs on Mexican exchange

Dec 11th, 2017 | By | Category: ETF and Index News

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WisdomTree has cross-listed a further eight ETFs on the Mexican stock exchange, Bolsa Mexicana de Valores (BMV).

WisdomTree cross-lists eight ETFs on Mexico’s stock exchange

WisdomTree now has 51 ETFs listed on the Mexican Stock Exchange.

The ETFs have been listed in the special international section of the BMV, the Sistema Internacional de Cotizaciones (SIC).

SIC makes it possible for certain institutional investors to trade foreign securities in Mexico. Securities listed on the SIC are not publicly offered in Mexico.

Jonathan Steinberg, WisdomTree CEO and President, commented: “In Mexico, we continue to see increased interest in ETFs, given the structural benefits and convenient exposure to important asset classes. We are pleased to cross-list eight additional ETFs on the Bolsa Mexicana de Valores, offering greater exposure to US and international developed and emerging markets.”

The newly listed funds, along with their US ticker codes, are outlined below:

WisdomTree China ex-State-Owned Enterprises Fund (CXSE US) tracks Chinese companies that are not state-owned enterprises, which is defined as government ownership of greater than 20%. The fund has a total expense ratio (TER) of 0.32%.

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM US) tracks dividend-paying companies from developed markets outside of the US and Canada while at the same time dynamically hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the US dollar. Securities are weighted by annual cash dividends paid, and the timing of currency hedges is based on three-factors: interest rate differentials, value and momentum. The fund’s TER is 0.35%.

WisdomTree Japan Hedged Financials Fund (DXJF US) tracks Japanese Financials sector while hedging exposure to fluctuations between the US dollar and the yen. Its TER is 0.48%.

WisdomTree Dynamic Long/Short US Equity Fund (DYLS US) tracks a long equity position in approximately 100 US large- and mid-cap stocks which have the best combined score based on fundamental growth and value signals. Stocks are weighted according to their volatility characteristics. Additionally, DYLS holds a short equity position in the largest 500 US companies, designed to act as a market risk hedge. Its TER is 0.48%.

WisdomTree Europe Domestic Economy Fund (EDOM US) tracks European companies that derive more than 50% of their revenue from within Europe. Its TER is 0.48%.

WisdomTree US Multifactor Fund (USMF US) tracks US-listed companies with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation. Its TER is 0.28%.

WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW US) tracks a collateralized put write strategy on the S&P 500 Index. The strategy is designed to receive a premium from the option buyer by selling a sequence of one-month, at-the-money, S&P 500 Index puts. The fund’s TER is 0.38%.

WisdomTree Barclays Yield Enhanced US Aggregate Bond Fund (AGGY US) tracks the Bloomberg Barclays US Aggregate Enhanced Yield Index, providing exposure to a range of fixed income segments within the US market. Its TER is 0.12%

A total of 51 WisdomTree ETFs are now listed on the Bolsa Mexicana de Valores, including 41 US-domiciled ETFs and ten UCITS ETFs.

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