WisdomTree today launched the WisdomTree Managed Futures Strategy (NYSEArca: WDTI). It’s an actively managed fund that seeks to provide returns in line with the Diversified Trends Indicator. The fund is the ETF industry’s first managed futures strategy fund.
WDTI aims to deliver diversification through owning uncorrelated assets as well as a long/short strategy, the potential for profits in bull and bear markets, the potential to perform in either deflationary or inflationary environments and exposure to commodities in high demand around the world. It will carry a 0.95% expense ratio.
Meanwhile, Van Eck has renamed one of its nuclear ETFs to Market Vectors Uranium+Nuclear Energy (NYSEArca: NLR). The ticker will remain unchanged.