WisdomTree Launching Currency Income ETF’s (WSDT, CYB, ICN, BZF, JYF, EU)

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By Douglas A. McIntyre Published
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WisdomTree Investments, Inc. (Pink Sheets: WSDT) and The Dreyfus Corporation, a BNY Mellon Asset Management Company, announced the launch of five WisdomTree Dreyfus Currency Income ETFs on the NYSE Arca.

The ETFs are actively-managed and designed to earn current income that reflects money market rates that are available to foreign investors in the specific region. Additionally, they will be exposed to changes in non-U.S. currencies values compared to the U.S. dollar. Being actively-managed, the ETFs will have greater flexibility but still maintain the transparency that makes ETFs so attractive. This fund targets short-term, investment grade instruments and as a result, the share price is expected to be volatile.

The funds are expected to commence trading on Tuesday, May 13, 2008. The ETFs are listed below:

  • WisdomTree Dreyfus Chinese Yuan Fund (NYSE Arca: CYB)
  • WisdomTree Dreyfus Indian Rupee Fund (NYSE Arca: ICN
  • WisdomTree Dreyfus Brazilian Real Fund (NYSE Arca: BZF)
  • WisdomTree Dreyfus Japanese Yen Fund (NYSE Arca: JYF)
  • WisdomTree Dreyfus Euro Fund (NYSE Arca: EU)

Rachel Lopez
May 1, 2008

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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