HEDJ: The Last ETF Launch of 2009
By:
Jutia Group
Posted on January 04, 2010 at 13:25 PM EST
WisdomTree International Hedged Equity Fund (HEDJ) , a “fund of funds”, launched today (December 31, 2009). It is designed to provide exposure to equity securities in Europe, Far East Asia and Australasia, while at the same time hedging exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies in these regions. Therefore, it is currency hedged, not equity hedged. HEDJ invests its assets primarily in other WisdomTree ETFs that, in turn, invest in equity securities in Europe, Far East Asia and Australasia. WisdomTree DEFA Fund (DWM) is an ETF that meets the objectives of the equity portion of this…
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