WisdomTree (NasdaqGS: WETF), the fifth-largest U.S. issuer of exchange traded funds, expanded its already solid footprint in Latin America with the recent announcement that Mexico’s pension funds investment regulator, La Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR), approved four more WisdomTree ETFs for cross-border listing in Latin America’s second-largest economy.
That brings the total number of WisdomTree ETFs available to pensioners in Mexico to 27. The four ETFs recently added to that group are the WisdomTree Europe Hedged Equity Fund (NYSEArca: HEDJ), WisdomTree Japan Hedged Equity Fund (NYSEArca: DXJ), WisdomTree Total Earnings Fund ETF (NYSEArca: EXT) and the WisdomTree Earnings 500 Fund (NYSEArca: EPS), according to a statement issued by New York-based WisdomTree.
WisdomTree is one of the dominant U.S.-based providers of ETFs in Latin America. Last April, CONSAR approved six WisdomTree cross-border listings. Prior to that, the company announced that 12 of its ETFs were approved for sale to Peruvian pension plans. Peruvian pension funds currently hold $40 billion in assets, according to WisdomTree. [WisdomTree Grows in Latin America]
In November 2013, the Comision Clasificadora de Riesgo (CCR), the Chilean pension funds investment regulator, approved three additional WisdomTree ETFs for sale to Chilean pension funds, bringing the number of WisdomTree ETFs available to Chilean pensioners to 13. [Latin America a New Frontier of ETF Industry Growth]
Other WisdomTree ETFs available to Mexican pensioners include the WisdomTree SmallCap Dividend Fund (NYSEArca: DES), WisdomTree Equity Income Fund (NYSEArca: DHS), WisdomTree MidCap Dividend Fund (NYSEArca: DON), WisdomTree Australia Dividend Fund (NYSEArca: AUSE), WisdomTree Dividend ex-Financials Fund (NYSEArca: DTN) and the WisdomTree Europe SmallCap Dividend Fund (NYSEArca: DFE).
In November, First Trust announced it received approval from CONSAR to sell the First Trust Large Cap Value Opportunities AlphaDEX Fund (NYSEArca: FTA) and the First Trust Large Cap Core AlphaDEX Fund (NYSEArca: FEX) to Mexico’s 51 million pensioners.
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of DTN.
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