Two new currency ETFs from WisdomTree began trading today.
The WisdomTree Dreyfus New Zealand Dollar Fund (BNZ) and WisdomTree Dreyfus South African Rand Fund (SZR) expand the WisdomTree currency ETF family to 7.
New Zealand and South Africa are currently among the highest-yielding currencies in the developed and developing markets respectively. The expense ratios for both funds is 0.45%.