WisdomTree Investments grows another branch, this time with a new dividend-weighted exchange traded fund (ETF). The fund will launch on the New York Stock Exchange, June 13th. The new ETF, WisdomTree Emerging Markets High-Yielding Fund (DEM)will have an expense ratio of 0.63%. DEM will track the fundamentally weighted WisdomTree Emerging Markets High-Yielding Equity Index which measures the performance of high-dividend yielding stocks selected from 19 emerging market nations from Europe, Asia and Latin America. Companies are weighted according to annual cash dividends paid, according to the press release.
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