WisdomTree ETF Liquidation: Key Information for Shareholders

WisdomTree, Inc. (NYSE: WT) plans to close and liquidate five of its ETFs.
Creation orders for these ETFs will not be accepted after October 20, 2023, and their final trading day will be on October 20, 2023.

WisdomTree, a prominent global financial entity listed on the NYSE as WT, has made a significant announcement regarding the closure and liquidation of five of its ETFs. This decision carries important implications for shareholders, and it’s crucial to understand the details.

Closure and Liquidation Details

Effective October 20, 2023, these ETFs will no longer accept creation orders, marking the same day as their final trading day on their respective exchanges. This development applies to the following WisdomTree ETFs:

WisdomTree Chinese Yuan Strategy Fund (CYB) – NYSE Arca
WisdomTree India ex-State-Owned Enterprises Fund (IXSE) – NYSE Arca
WisdomTree U.S. Growth & Momentum Fund (WGRO) – NASDAQ
WisdomTree Germany Hedged Equity Fund (DXGE) – NASDAQ
WisdomTree Growth Leaders Fund (PLAT) – NYSE Arca

Shareholders who choose to retain their ETF shares beyond October 20, 2023, will experience an automatic cash redemption based on the ETF’s net asset value (NAV). This redemption is expected to be processed around October 30, 2023, following the last operational day slated for October 27, 2023.

Prospective investors are strongly encouraged to thoroughly evaluate the investment goals, risks, charges, and expenses associated with these Funds before making any investment decisions. A comprehensive prospectus containing detailed information can be accessed at WisdomTree.com/investments or by calling 866.909.9473.

It’s vital to recognize that all investments carry inherent risks, including the potential for principal loss. Foreign investments, in particular, are susceptible to currency, political, and economic risks. Funds that focus on a single country or sector, especially those emphasizing smaller company investments, may experience increased price volatility. A comprehensive risk profile for each Fund is available in the prospectus.

WisdomTree’s Innovative Offerings

WisdomTree’s financial offerings encompass a diverse range of exchange-traded products (ETPs), models, and blockchain-enabled solutions. With a current global assets under management tallying approximately $95.8 billion, the firm is at the forefront of financial innovation. Their recent endeavors include blockchain-native digital wallets like WisdomTree Prime™ and blockchain-enabled mutual funds.

Shareholders and investors should stay informed about these developments and consider their investment strategies accordingly in light of WisdomTree’s decision to close and liquidate these ETFs.