Toronto-based WisdomTree Asset Management Canada Inc. has officially launched its first suite of exchange-traded funds (ETF) on Thursday, which are now available for purchase on the Toronto Stock Exchange.
The new Canadian ETF company has released ETFs that provide exposure to dividend-paying equities from the U.S., Europe and other international markets. Two of the firm’s new ETFs are available in a dynamically hedged version, which is a strategy that will allow the ETFs to be hedged as needed to protect the funds’ returns.
“We’re thrilled to be introducing our first offerings to Canadians, including Canada’s first dynamic currency hedged ETFs,” says Raj Lala, head of WisdomTree Canada, in a statement. “We build our funds based on research-driven, proprietary methodologies in order to provide investors with the potential for income, performance and diversification.”
The firm has released the following ETFs:
> WisdomTree Europe Hedged Equity Index ETF
> WisdomTree U.S. Quality Dividend Growth Index ETF
> WisdomTree U.S. Quality Dividend Growth Dynamic Hedged Index ETF
> WisdomTree International Quality Dividend Growth Index ETF
> WisdomTree International Quality Dividend Growth Dynamic Hedged Index ETF
> WisdomTree U.S. High Dividend Index ETF
Additional details about WisdomTree’s new ETFs can be found in the firm’s announcement.
WisdomTree Canada is a subsidiary of New York-based WisdomTree Investments Inc., which also has offices in Europe and Japan.
WisdomTree to enter Canadian ETF market
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