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WisdomTree Launches Two International Dividend ETFs (IHDG, EUDG)
May 08, 2014 at 09:00 AM EDT
Wall Street got off to a relatively good start this week, as investors weighed mixed earnings and economic reports. On the macro front, China’s HSBC’s manufacturing PMI came in at 48.1; readings below 50 signal contraction. The U.S. non-manufacturing sector, however, picked up steam in April, with PMI coming in at 55.2. Elsewhere, investors turned their attention to Federal Reserve Chairwoman Janet Yellen as she testified before Congress on Wednesday. On the ETF front, WisdomTree launched two new dividend-focused funds, which began trading on Wednesday May 7, 2014 [see also 33 ETFs with P/Es Below 10]: A Twist on International Dividends WisdomTree’s new International Hedged Dividend Growth Fund (IHDG) tracks the WisdomTree International Hedged Dividend Growth Index. The benchmark is designed to provide exposure to the developed market companies in the EAFE region while at the same time neutralizing exposure to fluctuations between the value of foreign currencies and the U.S. dollar. The index […] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Wall Street got off to a relatively good start this week, as investors weighed mixed earnings and economic reports. On the macro front, China’s HSBC’s manufacturing PMI came in at 48.1; readings below 50 signal contraction. The U.S. non-manufacturing sector, however, picked up steam in April, with PMI coming in at 55.2. Elsewhere, investors turned their attention to Federal Reserve Chairwoman Janet Yellen as she testified before Congress on Wednesday. On the ETF front, WisdomTree launched two new dividend-focused funds, which began trading on Wednesday May 7, 2014 [see also 33 ETFs with P/Es Below 10]: A Twist on International Dividends WisdomTree’s new International Hedged Dividend Growth Fund (IHDG) tracks the WisdomTree International Hedged Dividend Growth Index. The benchmark is designed to provide exposure to the developed market companies in the EAFE region while at the same time neutralizing exposure to fluctuations between the value of foreign currencies and the U.S. dollar. The index […]
