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WisdomTree launches pair of ETFs

ETFsETF sponsor WisdomTree has launched two exchange-traded funds (ETFs): one that will offer exposure to Japan’s local economy and the other a smart beta multifactor fund.

The Japan SmallCap Dividend Ucits ETF fund seeks to track the price and yield performance of the WisdomTree Japan SmallCap Dividend Index and has a net expense ratio of 0.48%.

Christopher Gannatti, WisdomTree head of research in Europe, said: “We think Japanese small-caps provide the purest way to tap into the local economic growth prospects.

“After decades of deflation, deleveraging and demand contraction, Japan’s domestic demand is now driving growth.”

The WisdomTree US Multifactor Ucits ETF, launched on the London Stock Exchange, will seek to track the price and yield performance of the WisdomTree US Multifactor Index and has a net expense ratio of 0.30%.

Rafi Aviav, WisdomTree’s head of product development for Europe, said, that the fund would offer a “much-needed, refreshing take on multifactor investing in today’s market” that investors would find appealing.

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