Bringing you live news and features since 2006 

WisdomTree announces special distribution for WisdomTree Dreyfus New Zealand Dollar Fund

RELATED TOPICS​

Exchange-traded fund sponsor and asset manager WisdomTree anticipates a special capital gains distribution for the WisdomTree Dreyfus New Zealand Dollar Fund (BNZ).

The distribution is a reflection of the gains from the Fund’s current investment strategy of providing exposure to the movement of the New Zealand Dollar as of the Fund’s fiscal year ended 31 August, 2011.

The distribution was scheduled for December but has been accelerated in light of the Fund’s upcoming investment objective change to mark a clear demarcation between the strategy of the existing currency fund and its conversion into a bond fund. Effective as of the market open on 25 October, 2011, the WisdomTree Dreyfus New Zealand Dollar Fund (BNZ) will be renamed the WisdomTree Australia & New Zealand Debt Fund (AUNZ) and will offer broad-based exposure to local currency debt of Australia and New Zealand.

 

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by