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Wisdom Tree Launches Six Earnings-Weighted ETFs
A New York investment company has unveiled six domestic earnings-weighted ETFs that are scheduled to be listed on the American Stock Exchange on Friday.
Reported by Fred Schneyer
A news release from WisdomTree Investments said the new offerings (with market cap and expense ratio) are:
- WisdomTree Total Earnings Fund, Broad Market, .28%
- WisdomTree Earnings 500 Fund, Large Cap, 28%
- WisdomTree MidCap Earnings Fund, Mid Cap, .38%
- WisdomTree SmallCap Earnings Fund, Small Cap., 38%
- WisdomTree Earnings Top 100 Fund, Large Cap, .38%
- WisdomTree Low P/E Fund, Multi Cap, 38%
The WisdomTree ETFs have gathered $2.4 billion in assets under management since launching in June 2006.
More information about the company is at http://www.wisdomtreeinvestments.com.