Limited convertibility of the won is seen as the primary issue preventing South Korea’s ascent to developed market status.
For its part, DXKW is heavily allocated to export sectors with industrials, consumer discretionary and technology combining for over 45% of the ETF’s weight. The fund has gained a tenth of a percent since its debut earlier this month.
WisdomTree Korea Hedged Equity Fund
Tom Lydon’s clients own shares of DXJ.