CLOSED 03/14/2019
WisdomTree begun trading the WisdomTree Global Hedged SmallCap Dividend Fund (BATS: HGSD) on Thursday, November 19, 2015. Here is a synopsis of the new ETF:
FUND INFORMATION:
| Symbol: HGSD | Exchange: BATS |
| Name: WisdomTree Global Hedged SmallCap Dividend Fund | Net Expense Ratio: 0.43% |
FUND OBJECTIVE:
The WisdomTree Global Hedged SmallCap Dividend Fund seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global Hedged SmallCap Dividend Index.
HGSD is the currency-hedged equivalent of the WisdomTree Global SmallCap Dividend Fund (GSD), which launched one week ago, on 11/12.
GSD tracks the price and yield performance, before fees and expenses, of the WisdomTree Global SmallCap Dividend Index. The two indices have identical component securities and employ identical methodologies except that GSD’s Index does not hedge against currency fluctuations.
See more on GSD.
Useful Links:
HGSD Home Page
Category: Equities> Global> Global Dividends/Income
ETFtrack comment:
Here is a comment from Jeremy Schwartz, WisdomTree Director of Research:
“Global dividend-paying equities can offer investors income and growth potential and downside support, but currency is typically a source of added volatility. For investors without an opinion on currency direction, currency-hedged strategies may serve as a better strategic baseline exposure for global equities. HGSD offers investors the opportunity to benefit from a broad array of global small-cap dividend payers while neutralizing exposure to currency.”