- WUSA seeks to provide exposure to profitable companies that generate the majority of their revenue from within the U.S. and has an expense ratio of 0.33%.
- WEXP seeks to provide exposure to profitable companies that generate the majority of their revenue from outside of the U.S. and has an expense ratio of 0.33%.
Schwartz continued, "WUSA and WEXP are timely strategies that tie into Trump's corporate tax reforms. On the domestic economy side and relevant to the ETF WUSA, any Trump or monetary policy changes that result in a stronger U.S. dollar - like a movement towards some form of a border adjustment tax (BAT) - would likely be supportive for companies that have more revenue from the U.S. and less revenue abroad. This exposure is accomplished by screening for companies that have revenue primarily from the U.S.On the multi-national side, for the ETF WEXP—companies with global operations—there is current tax policy discussion around lower cash repatriation taxes that should bring cash back to the U.S. from their overseas operations and support dividend and buyback growth for these companies. Moreover, in addition to tracking WisdomTree's tried-and-true earnings-weighted methodology, we believe WUSA and WEXP's revenue exposure screens and weight tilts can provide more targeted exposures to these two investment themes of a focus on the U.S. domestic economy names versus multi-nationals." Effective today, the WisdomTree Europe Local Recovery Fund (EZR), will be renamed the WisdomTree Europe Domestic Economy Fund (EDOM). The Fund remains listed on the BATS Exchange with a net expense ratio of 0.48% 1. 1 The Net Expense Ratio reflects a contractual waiver of 0.10% through October 31, 2017. About WisdomTree WisdomTree Investments, Inc., through its subsidiaries in the U.S., Europe, Japan and Canada (collectively, "WisdomTree"), is an exchange-traded fund ("ETF") and exchange-traded product ("ETP") sponsor and asset manager headquartered in New York. WisdomTree offers products covering equities, fixed income, currencies, commodities and alternative strategies. WisdomTree currently has approximately $43.4 billion in assets under management globally. For more information, please visit www.wisdomtree.com or follow us on Twitter @WisdomTreeETFs. WisdomTree® is the marketing name for WisdomTree Investments, Inc. and its subsidiaries worldwide.
Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. A prospectus, containing this and other information is available by calling 1-866-909-WISE. Investors should read the prospectus carefully before investing.There are risks involved with investing, including possible loss of principal. Foreign investing involves currency, political and economic risk. Funds focusing on a single country and/or sector may experience greater price volatility. Investments in emerging markets, currency, fixed income and alternative investments include additional risks. Due to the investment strategy of certain Funds they may make higher capital gain distributions than other ETFs. Please see prospectus for discussion of risks. Jeremy Schwartz is a registered representative of Foreside Fund Services, LLC. WisdomTree Funds are distributed by Foreside Fund Services, LLC, in the U.S. only. WTPR-0072
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