NEW YORK, Feb. 16, 2018 (GLOBE NEWSWIRE) — WisdomTree (NASDAQ:WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today announced plans to close and liquidate nine of its ETFs.
The Funds will no longer accept creation orders after Friday, March 16, 2018. The final day of trading on the Funds’ respective exchanges will also be Friday, March 16, 2018. Shareholders who do not sell their Fund shares by this date will have their shares automatically redeemed for cash based on the Funds’ net asset value (NAV), which is expected to be provided to shareholders through their brokers or other financial intermediaries on or around Friday, March 23, 2018, the Funds’ last day of operations.Additional information can be found in the WisdomTree Fund Changes: FAQ document here.
Fund Closures/Liquidation:
About WisdomTree
WisdomTree Investments, Inc., through its subsidiaries in the U.S., Europe, Japan and Canada (collectively, “WisdomTree”), is an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager headquartered in New York.WisdomTree offers products covering equities, fixed income, currencies, commodities and alternative strategies.WisdomTree currently has approximately $46.2 billion in assets under management globally.For more information, please visit www.wisdomtree.com or follow us on Twitter @WisdomTreeETFs.
Leave A Comment