WisdomTree has introduced an ETF that provides exposure to money market rates in 11 emerging market countries.
The WisdomTree Dreyfus Emerging Currency Fund (CEW) gives investors a currency basket that includes the Mexican Peso, Brazilian Real, Chilean Peso, South African Rand, Polish Zloty, Israeli Shekel, Turkish New Lira, Chinese Yuan, South Korean Won, Taiwanese Dollar and Indian Rupee.
The new ETF was designed for investors interested in diversifying outside the U.S. Dollar or accessing a less correlated asset class.
See the ETF Directory for a complete listing of WisdomTree ETFs.