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Rating:WisdomTree Launches a New Small Cap ETF Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, July 25, 2013

WisdomTree Launches a New Small Cap ETF

Reported by Nicole Spector

A new leaf has sprouted at WisdomTree. Today, the NY-based ETF-sponsor and asset manager launched the WisdomTree U.S. SmallCap Dividend Growth Fund (DGRS), its third Dividend Growth ETF. The new fund has been engineered to provide exposure to small-cap dividend-paying stocks with growth characteristics and has an expense ratio of 0.38 percent.

DGRS seeks to offer a number of characteristics including small-cap dividend-paying securities with room for growth, differentiated exposure from traditional dividend funds, greater exposure to cyclical sectors leveraged to an improving U.S economy. It also offers annual index rebalance, single stock cap of two percent, and a sector cap of 25 percent.

See the full press release below.

Company Press Release

WisdomTree Launches Industry's First U.S. SmallCap Dividend Growth Fund (DGRS) /h3> New Exposure to Small-Cap Dividend Growth Leaders Who May be Well Positioned for Rising Interest Rates, Improving U.S. Economy

NEW YORK, July 25, 2013 (GLOBE NEWSWIRE) -- WisdomTree (Nasdaq:WETF), an exchange-traded fund ("ETF") sponsor and asset manager, today announced the launch of the WisdomTree U.S. SmallCap Dividend Growth Fund (DGRS) on the NASDAQ Stock Market. DGRS is designed to provide exposure to small-cap dividend-paying stocks with growth characteristics and has an expense ratio of 0.38%.

Jeremy Schwartz, WisdomTree Director of Research, said, "WisdomTree's family of dividend growth ETFs offer a unique, forward-looking dividend growth methodology. A number of dividend growth indexes focus on backward-looking dividend-screening criteria that we believe exclude many dividend initiators and fast-growers that are often found in the small-cap arena. DGRS is the first, and only, strategy focusing on the U.S. market's small-cap dividend growth leaders, a segment we believe offers some of the most attractive dividend growth opportunities."

Small Caps for More Domestic Revenue Exposure

Mr. Schwartz added, "Many assume that high quality, dividend growth opportunities are confined to blue chip, large-cap stocks. But in an environment where the U.S. economy is improving and interest rates are beginning to rise, small caps, more closely tied to the U.S. economy, will likely become more attractive than large caps, which are more globally sensitive."

The WisdomTree U.S. SmallCap Dividend Growth Fund (DGRS) seeks to offer: A diversified basket of small-cap dividend-paying securities with growth characteristics; Differentiated exposure from traditional dividend funds; Greater exposure to cyclical sectors1 leveraged to an improving U.S. economy versus more defensive sectors2; At annual index rebalance, single stock cap of 2%, sector cap of 25%

DGRS is WisdomTree's third Dividend Growth ETF, following the WisdomTree U.S. Dividend Growth Fund (DGRW) and the WisdomTree Global ex-U.S. Growth Fund (DNL).

1 Cyclical sectors: Energy, Materials, Consumer Discretionary and Industrials sectors.

2 Defensive sectors: Consumer Staples, Health Care, Utilities and Telecommunications sectors.


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