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WisdomTree Announces Investment Strategy Changes For Eight ETFs

WisdomTree (Pink Sheets: WSDT - News), an exchange-traded fund (“ETF”) sponsor and asset manager, announced today that the Company will change the investment objectives, strategies and fund names for eight ETFs. We will also change the name of one additional ETF to be consistent with the broader family. A brief summary of the changes and effective dates are included in the table below.

“WisdomTree’s continued focus on ETF innovation and our goal of providing thoughtful investment strategies has led to what we believe are significant enhancements to fine-tune and further diversify existing portfolios. We believe these changes represent compelling long-term strategies for investors,” said Bruce Lavine, WisdomTree President & COO.

Expense ratios for the affected funds will not change. Please visit the Upcoming Fund Changes section of our website for additional information including an Investor FAQ.

Equity ETF Changes (effective June 17, 2011):

 
Ticker   Former Fund Name   New Fund Name   Primary Change
DRW   WisdomTree International Real Estate Fund   WisdomTree Global ex-US Real Estate Fund   Broader, global real estate exposure with addition of emerging markets.
DBU   WisdomTree International Utilities Sector Fund   WisdomTree Global ex-US Utility Fund   Broader, global utilities exposure with addition of emerging markets.
DBN   WisdomTree International Basic Materials Sector Fund   WisdomTree Commodity Country Equity Fund   More diversified commodity-focused equity strategy; adds emerging markets.
DKA   WisdomTree International Energy Sector Fund   WisdomTree Global Natural Resources Fund   More diversified energy/natural resources-focused equity strategy; adds emerging markets.
DND   WisdomTree Pacific ex-Japan Total Dividend Fund   WisdomTree Asia Pacific ex- Japan Fund   Expand portfolio to become a broader Asia-Pacific regional strategy; adds emerging markets.
DNH   WisdomTree Pacific ex-Japan Equity Income Fund   WisdomTree Australia Dividend Fund   Expand majority Australia portfolio weight to pure Australia dividend strategy.
DNL   WisdomTree World ex-US Growth Fund   WisdomTree Global ex-US Growth Fund   Name change only.

Currency Income/Fixed Income ETF Changes

 

(effective on or after June 27, 2011):

             
Ticker   Former Fund Name   New Fund Name   Primary Change/Enhancement
EU   WisdomTree Dreyfus Euro Fund  

WisdomTree Dreyfus Euro Debt Fund

  Restructured to provide exposure to debt of issuers in the European Union denominated in Euros. Extend duration to achieve intermediate-term European bond strategy.

(effective on or after August 26, 2011):

             
Ticker   Former Fund Name   New Fund Name   Primary Change/Enhancement
BNZ   WisdomTree Dreyfus New Zealand Dollar Fund   WisdomTree Dreyfus Australia & New Zealand Debt Fund  

Restructured to provide exposure to Australia & New Zealand debt denominated in their respective currencies. Extend duration to achieve intermediate-term Australia/ New Zealand bond strategy.

There are risks associated with investing including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus its investments in one country increase the impact of events and developments associated with the region which can adversely affect performance. Funds focusing on a single sector and/or smaller companies generally experience greater price volatility.

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