WisdomTree has announced that its subsidiary WisdomTree Japan has entered into an agreement with Japanese online securities firm Monex Securities, whereby Monex will provide WisdomTree ETFs through Japan’s first commission-free trading program – Overseas ETFs with Zero Commissions on Transactions (“Zero ETF”‘). Zero ETF is a long-term investment program offered to individual investors in Japan.
Kurt MacAlpine, WisdomTree Head of Global Distribution, commented: “We are excited about the potential of this new collaboration we have established with Monex and believe it will enhance the investing experience for individuals in Japan. WisdomTree takes pride in being an industry innovator, extending beyond the development of our differentiated products. It also includes our strategy behind working with platforms to deliver these products to various markets.”
Zero ETF not only provides commission-free transactions for WisdomTree ETFs but also offers ETF holders a range of potential long-term benefits from Monex and WisdomTree. These investor services are only available to Zero ETF holders.
Junichi Kamitsubo, WisdomTree Japan Head of Sales, explained: “WisdomTree and Monex will work together to provide information and services to individual investors on a continuous basis not only at the time of purchase, but also over the long term. As part of this service, we will regularly send investors model portfolios, hold investment seminars online and provide research.”
The 28 ETFs initially selected for the Zero ETF programme include a wide variety of funds with various asset class, size, location, sector and strategy exposures, providing an extensive selection from which investors may build entire portfolios.
Jesper Koll, Head of WisdomTree Japan, said: “WisdomTree has developed distinctive ETFs investing in a wide range of asset classes covering various countries in the world. We are a pioneer of smart beta ETFs and have available for sale in Japan a suite of smart beta ETFs with ten-year track records. Other innovative products offered in Japan include interest rate hedged high yield fixed income ETFs — including the industry’s only negative duration high yield ETF — and long/short US equity ETFs. We believe that with commission-free transactions and after-purchase support, many individual investors can benefit from and use US ETFs to diversify their long-term investments.”
The following WisdomTree ETFs are included in the Zero ETF long-term investment program:
WisdomTree LargeCap Dividend Fund (DLN)
WisdomTree MidCap Dividend Fund (DON)
WisdomTree SmallCap Dividend Fund (DES)
WisdomTree US Quality Dividend Growth Fund (DGRW)
WisdomTree US SmallCap Quality Dividend Growth Fund (DGRS)
WisdomTree Europe Quality Dividend Growth Fund (EUDG)
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)
WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE)
WisdomTree Dynamic Long/Short US Equity Fund (DYLS)
WisdomTree Dynamic Bearish US Equity Fund (DYB)
WisdomTree Japan SmallCap Dividend Fund (DFJ)
WisdomTree Japan Hedged Financials Fund (DXJF)
WisdomTree Japan Hedged Health Care Fund (DXJH)
WisdomTree Japan Hedged Real Estate Fund (DXJR)
WisdomTree Japan Hedged Capital Goods Fund (DXJC)
WisdomTree Europe SmallCap Dividend Fund (DFE)
WisdomTree Global High Dividend Fund (DEW)
WisdomTree Middle East Dividend Fund (GULF)
WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)
WisdomTree India Earnings Fund (EPI)
WisdomTree Japan Hedged Equity Fund (DXJ)
WisdomTree Europe Hedged Equity Fund (HEDJ)
WisdomTree Emerging Markets High Dividend Fund (DEM)
WisdomTree High Dividend Fund (DHS)
WisdomTree Emerging Markets Local Debt Fund (ELD)
WisdomTree Barclays Yield Enhanced US Aggregate Bond Fund (AGGY)
WisdomTree Negative Duration High Yield Bond Fund (HYND)
WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD)