WisdomTree launches three new fundsBy The IJ Staff | September 21 2017 09:45AM
WisdomTree Canada has launched 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).
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 begin trading on the Toronto Stock Exchange Sept. 21.
"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.