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Stock impact report

WisdomTree Announces Launch of India Equity Hedged Fund (INDH)

WisdomTree, Inc. (WT) 
Company Research Source: Business Wire
NEW YORK--(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 increas Show less Read more
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