WisdomTree, Dreyfus unveil non-U.S. ETFs

WisdomTree Investments Inc. of New York and The Dreyfus Corp., a unit of The Bank of New York Mellon Corp. of New York, today launched four WisdomTree Dreyfus Currency Income exchange traded funds. They are: the WisdomTree Dreyfus Chinese Yuan Fund (CYB), WisdomTree Dreyfus Indian Rupee Fund (ICN), WisdomTree Dreyfus Brazilian Real Fund (BZF) and WisdomTree Dreyfus Euro Fund (EU). The WisdomTree Dreyfus Japanese Yen Fund (JYF) will list on or after Friday. The Currency Income ETFs will allow investors to gain exposure to non-U.S. money market yields and their associated currency movements. The ETFs will seek to earn current income reflective of money market rates available to U.S. investors in the specified country or region. They will also seek to provide exposure to changes in the value of a designated non-U.S. currency relative to the U.S. dollar.