NEW YORK, Jan. 22, 2013 (GLOBE NEWSWIRE) -- WisdomTree (Nasdaq:WETF), an exchange-traded fund ("ETF") sponsor and asset manager, today announced the WisdomTree Japan Hedged Equity Fund (DXJ) recently surpassed $2 billion in assets, more than doubling its assets in just under a month. DXJ is designed to offer broad exposure to the Japanese equity market – with a tilt toward the exporters, who may stand to benefit from a depreciating yen – while hedging the currency fluctuations between the value of the Japanese yen to the U.S. dollar. Jeremy Schwartz, WisdomTree Director of Research, commented, "Newly elected Prime Minister Shinzo Abe has been very effective through his plans and aggressive rhetoric to weaken the yen, and as a result, there has already been improved market sentiment in the world's third largest economy 1." Mr. Schwartz added, "I believe DXJ offers the best tactical tool for gaining access to a country that possesses a strong negative correlation, or relationship, between its currency and its equity markets. DXJ attempts to remove one element of risk – fluctuations of the yen's exchange rate versus the U.S. dollar – from the equation, thus, creating the potential for a strategic place in an investor's portfolio should the yen further weaken or even stabilize in value over the long term." View standardized performance here. Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds before investing. To obtain a prospectus containing this and other important information, call 866-909-9473 or visit wisdomtree.com. Read the prospectus carefully before investing. 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. The Fund focuses its investments in Japan, thereby increasing the impact of events and developments in Japan that can adversely affect performance. Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investments which can be volatile and may be less liquid than other securities, and more sensitive to the effect of varied economic conditions. As this Fund can have a high concentration in some issuers, the Fund can be adversely impacted by changes affecting those issuers. Please read the Fund's prospectus for specific details regarding the Fund's risk profile.