WisdomTree, an ETF and ETP sponsor and asset manager, announced the implementation of changes for 2 WisdomTree emerging markets ETFs, as previously described in a notice to shareholders.
WisdomTree Emerging Markets Consumer Growth Fund (EMCG) and the WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) no longer seek to track an index and operate pursuant to a transparent actively managed strategy. The expense ratio, Fund names and tickers remain unchanged. The new investment objective and strategy for each Fund is as follows:
• The WisdomTree Emerging Markets Consumer Growth Fund (EMCG) seeks to achieve income and capital appreciation using a disciplined, model-based process, investing primarily in consumer growth stocks in emerging markets that provide the best combined rank of growth, quality, and valuation characteristics.
• The WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) seeks to achieve income and capital appreciation using a disciplined, model-based process, investing primarily in emerging market dividend-paying common stocks with growth characteristics.