WisdomTree has announced its intention to close and liquidate seven of its US-listed ETFs. The funds to be closed offer a wide variety of strategies including Indian money market, Australian & New Zealand government bond, Korean equity, Japanese equity sector, Japanese income, international equity and international small-cap dividend exposures.
The funds’ last day of trading will be Wednesday 22 March 2017.
As of Wednesday 22 March 2017, the ETFs will no longer accept creation orders and the final day of trading on the funds’ respective exchanges will also be 22 March. Shareholders who do not sell their ETF shares by this date will have them automatically redeemed for cash based on the funds’ net asset value as of 29 March 2017, the last day of operations.
The ETFs to be closed are listed below:
WisdomTree Indian Rupee Strategy Fund (NYSE: ICN)
WisdomTree Australia & New Zealand Debt Fund (NYSE: AUNZ)
WisdomTree Korea Hedged Equity Fund (Nasdaq: DXKW)
WisdomTree Japan Hedged Tech, Media and Telecom Fund (NYSE: DXJT)
WisdomTree Japan Quality Dividend Growth Fund (NYSE: JDG)
WisdomTree International Hedged Equity Fund (NYSE: HDWM)
WisdomTree International Hedged SmallCap Dividend Fund (NYSE: HDLS)