ETF Trends
ETF Trends

WisdomTree (NasdaqGS: WETF), the fifth-largest U.S. sponsor of exchange traded funds, announced today Mexico’s pension funds investment regulator, La Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR), approved six WisdomTree ETFs for sale to Mexican pension plans.

CONSAR approval is necessary before pensioners can purchase the ETFs. There are currently $140 billion in assets invested in Mexican pension plans, according to a statement from New York-based WisdomTree.

Mexico had previously approved seven WisdomTree ETFs for sale to the country’s pension funds. The six ETFs that most recently received approval are 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).

“ETF adoption continues to increase throughout Latin America. We are pleased that 6 additional WisdomTree ETFs are approved for sale to Mexican pension funds, further expanding our global footprint,” said Luciano Siracusano, WisdomTree chief investment strategist, in the statement.

Among U.S. ETF sponsors, WisdomTree has one of the largest footprints in Latin America. In February, 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]

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