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WisdomTree Chinese Yuan Strategy ETF Message Board

  • sb_merrit sb_merrit Jun 15, 2011 12:35 PM Flag

    This fund is hard to figure out

    The stated goal of this fund is:

    Strategy for WisdomTree Dreyfus Chinese Yuan Fund
    The Fund seeks to earn current income reflective of money market rates in China. The Fund seeks to achieve its investment objective by investing in short term instruments designed to provide exposure to Chinese currency and money market rates..

    So where's the dividend? China has been raising there rates to cool inflation. This fund pays nothing. About the only thing I see this doing is generating an expense fee for the fund management.

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    • not sure how long have you owned this but the fund 12/28/2011. i think they might be paying this anuually.

      I have a bigger concern. Does this fund offer any hedge again the currency? i see Yuan is apperciating steadily but the fund is not reflecting that.

      Sentiment: Hold

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