“The WisdomTree ICBCCS S&P China 500 Fund provides investors with the broadest exposure to a fast-growing economy in the early stages of liberalizing their capital markets. In addition, investors can gain exposure to Chinese equities without the concentration risk of competing indexes,” Jeremy Schwartz, WisdomTree Director of Research, said in a note.

Meanwhile, the Balanced Income Fund tries to reflect the performance of the WisdomTree Balanced Income Index, a fund-of-funds type index that provides a balanced exposure to global equities and fixed income. The ETFs that make up the underlying index holdings, which may include WisdomTree ETFs and non-WisdomTree ETFs, are reconstituted and rebalanced annually to 60% equity exposure and 40% fixed income exposure.

“The WisdomTree Balanced Income Fund (WBAL) offers investors access to income-generating asset classes across the globe,” Luciano Siracusano, WisdomTree Chief Investment Strategist, said. “WBAL incorporates WisdomTree strategies that have proven themselves in the marketplace over the past decade, while also incorporating some of the firm’s more recent products into one integrated solution.”

WBAL’s top holdings include WisdomTree High Dividend Fund (NYSEArca: DHS) 20.1%, WisdomTree Barclays U.S. Aggregate Bond Enhanced Yield Fund (NYSEArca: AGGY) 19.9% and WisdomTree DEFA Equity Income Fund (NYSEArca: DTH) 12.7%.

For more information on new fund products, visit our new ETFs category.