WisdomTree Adds Emerging Markets ETF

October 30, 2007

SAN DIEGO (ETFguide.com) - Emerging markets stocks have outperformed just about every major asset class this year and a new exchange-traded fund (ETF) hopes to give investors even more opportunities. 

WisdomTree Investments (Pink Sheets: WSDT) has announced the launch of the WisdomTree Emerging Markets SmallCap Dividend ETF (Ticker: DGS).

The fund will offer pure international exposure to primarily small-cap stocks selected from 19 emerging market nations, including countries in Europe, Asia, and Latin America. 

DGS trades on the NYSE Arca and has an annual expense ratio of 0.63 percent.

The offering follows closely behind the WisdomTree Emerging Markets High-Yielding Fund (Ticker: DEM) which was launched in July of this year. Both ETFs offer investors exposure to a fundamentally weighted indexing strategy. WisdomTree contends that market capitalization-weighted indexes are prone to problems, particularly with how securities are weighted.   

"We believe this Emerging Markets ETF offers investors access to fast-growing companies in attractive new markets with the added comfort that comes from WisdomTree's dividend-focused strategy," said Bruce Lavine, President and COO of WisdomTree. "The launch marks WisdomTree's 27th pure international ETF, and continues our commitment to offer the most comprehensive international offering covering the developed world, emerging markets and non-U.S. sectors."

Through the end of October, the New York-based firm managed $4.5 billion in ETF assets.