The NASDAQ OMX Group, Inc. and WisdomTree, an exchange-traded fund (ETF) sponsor and index developer, announced that NASDAQ OMX PHLX has listed options on the WisdomTree Dreyfus Currency Income ETF family. They are the first options based on actively-managed ETFs.
Options are available on the following seven ETFs:
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ETF Name
Fund Ticker
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WisdomTree Dreyfus Brazilian Real Fund
BZF
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WisdomTree Dreyfus Chinese Yuan Fund
CYB
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WisdomTree Dreyfus Euro Fund
EU
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WisdomTree Dreyfus Indian Rupee Fund
ICN
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WisdomTree Dreyfus Japanese Yen Fund
JYF
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WisdomTree Dreyfus New Zealand Dollar Fund
BNZ
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WisdomTree Dreyfus South African Rand Fund
SZR
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There are risks associated with investing including possible loss of principal. In addition to the normal risks of investing, foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. The funds focus their investments in specific regions or countries, thereby increasing the impact of events and developments associated with the region or country which can adversely affect performance. Investments in emerging markets are generally less liquid and less efficient than developed markets.
Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investment risk and the effect of varied economic conditions. As these funds can have a high concentration in some issuers the funds can be adversely impacted by changes affecting issuers. Unlike typical exchange traded funds, there is no index that the funds attempt to track or replicate. Thus, the ability of the funds to achieve their objectives will depend on the effectiveness of the portfolio manager. Please read the funds prospectus for specific details regarding the funds’ risk profile.
D.C.