NEW YORK, Feb. 23 /PRNewswire-FirstCall/ -- The American Stock Exchange(R) (Amex(R)) today announced that it has launched trading in six new WisdomTree(SM) ETFs:
Fund Market Cap. Exp. Ratio WisdomTree Total Earnings Fund (EXT) Broad Market .28% WisdomTree Earnings 500 Fund (EPS) Large Cap. .28% WisdomTree MidCap Earnings Fund (EZM) Mid Cap. .38% WisdomTree SmallCap Earnings Fund (EES) Small Cap. .38% WisdomTree Earnings Top 100 Fund (EEZ) Large Cap. .38% WisdomTree Low P/E Fund (EZY) Multi Cap. .38%
"The Amex is proud to have worked with WisdomTree on the launch of their first ETFs on our Exchange," said Cliff Weber, Senior Vice President of the ETF Marketplace. "These new WisdomTree ETFs are exciting new products that offer unique and interesting opportunities to investors."
"These ETFs represent the first family of funds weighted by earnings and are a natural extension of our dividend weighted ETFs," said Jonathan Steinberg, CEO of WisdomTree Investments, Inc. "We are excited to expand our fund family, as it is our belief that fundamentally weighted ETFs help address the structural flaws inherent to cap-weighted index products."
Goldman Sachs Execution & Clearing, LP is trading EPS, EZM and EES. Kellogg Capital Group, LLC is trading EXT, EEZ and EZY.
About the American Stock Exchange
The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 263 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com
About WisdomTree Investments, Inc.
WisdomTree Investments, Inc. has developed the first family of fundamentally weighted indexes and ETFs. The WisdomTree Indexes cover all major market capitalizations, both domestically and internationally. In contrast to capitalization-weighted indexes, the WisdomTree Indexes anchor the initial weights of individual stocks to a measure of fundamental value. WisdomTree believes its approach provides investors with a viable alternative to market cap-weighted indexes.
WisdomTree Trust is a Delaware statutory trust registered as an open-end investment company with the Securities and Exchange Commission. Each WisdomTree ETF is a series of WisdomTree Trust. As of February 2007, assets under management in the WisdomTree Trust are $2.4 billion.
WisdomTree Funds are distributed by ALPS Distributors, Inc.
Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. A prospectus, containing this and other important information, is available at http://www.wisdomtree.com. Investors should read the prospectus carefully before investing. There are risks involved with investing, including the possible loss of principal. Past performance is no guarantee of future results.
"WisdomTree" is a service mark of WisdomTree Investments, Inc. WisdomTree Investments, Inc. has a patent pending on the methodology and operation of its indexes.
Source: American Stock Exchange