WisdomTree launches sterling-hedged share class for US Equity Income ETF

To hedge currency risk

WisdomTree has listed a sterling-hedged accumulating share class for its US Equity Income UCITS ETF on the London Stock Exchange.

The share class will combine the company's dividend weighting methodology applied to high yielding US equities with the management of currency risk through a monthly currency hedge. Post-Brexit rebalance pushes financials in WisdomTree ETF to maximum level WisdomTree believes recent macro events such as Brexit, ongoing quantitative easing and the expected tightening of interest rates in the US, have exacerbated the need to hedge out currency risks for investors. The company said this share class will provide investors with an effective solution while adding to the range of currency...