La Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR), the Mexican pension funds investment regulator, has approved six WisdomTree exchange-traded funds for sale to Mexican Pension Funds (AFORES).
This is a necessary condition before they can be purchased in accordance with pension plan investment guidelines.
There are currently approximately USD140 billion in assets invested in Mexican pension funds.
“ETF adoption continues to increase throughout Latin America. We are pleased that six additional WisdomTree ETFs are approved for sale to Mexican pension funds, further expanding our global footprint,” says Luciano Siracusano, WisdomTree chief investment strategist.
The newly-approved ETFs are:
WisdomTree Equity Income Fund (DHS)
WisdomTree MidCap Dividend Fund (DON)
WisdomTree SmallCap Dividend Fund (DES)
WisdomTree Dividend ex-Financials Fund (DTN)
WisdomTree Europe SmallCap Dividend Fund (DFE)
WisdomTree Australia Dividend Fund (AUSE)