WisdomTree To Restructure International Hedged Equity Fund

By
Devon Layne
August 22, 2012
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The WisdomTree International Hedged Equity Fund (NYSEArca: HEDJ) will be subjected to changes by the end of this month, as the firm seeks to limit exposure to damage dealt by a faltering euro and a troubled eurozone, according to an article on Benzinga.

HEDJ will still carry exposure to dividend-paying European companies; however, the fund will exclusively track companies that receive over half of their revenue from outside the eurozone, according to Benzinga.

Currently, HEDJ provides access to 13 currencies and 22 countries within the U.K.; however, after it is restructured, the fund will focus on hedging the euro against the dollar, the article said.

Visit Benzinga.com for the full story.

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'SPY' lost $2.48 billion on Wednesday, Jan. 28, as net outflows and a lower stock market pulled total U.S.-listed ETF assets below $2 trillion.

'SPY' paced SSgA's issuer-leading outflows on Wednesday, Jan. 28, as net outflows and falling stocks pulled total U.S.-listed ETF below $2 trillion.

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