WisdomTree launch South Korea Hedged Equity ETF

The WisdomTree Korea Hedged Equity Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Korea Hedged Equity Index.

The WisdomTree Korea Hedged Equity Index is designed to provide exposure to Korean equity markets while at the same time neutralizing exposure to fluctuations of the Korean Won movements relative to the U.S. dollar. In this sense, the Index “hedges” against fluctuations in the relative value of the Korean Won against the U.S. dollar. The Index is designed to have higher returns than an equivalent non-currency hedged investment when the Korean Won is weakening relative to the U.S. dollar. Conversely, the Index is designed to have lower returns than an equivalent unhedged investment when the Korean Won is rising relative to the U.S. dollar.

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