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Wisdomtree Global Ex Us Utilities
WisdomTree Global ex-US Utilities Fund (DNU) is an exchange-traded fund (ETF) listed on the USA stock exchange. The fund's investment objective is to track the price and yield performance of the WisdomTree International Hedged ex-US Utilities Index, which is designed to measure the performance of dividend-paying utilities companies in developed markets outside of the United States.
The ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the WisdomTree International Hedged ex-US Utilities Index. The index is a float-adjusted, market capitalization-weighted index of dividend-paying utilities companies in developed markets outside of the U.S. that are included in the WisdomTree DEFA Index, a broad-based index measuring the performance of the developed market equities in Europe, Israel, and the Pacific Rim.
The fund typically invests at least 80% of its total assets in the securities that comprise the Index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the Index. The Fund may also invest up to 20% of its total assets in certain financial instruments that provide exposure to the Index or to the Fund's investment objective and strategies.
DNU is accessed by trading on the USA stock exchange and its shares can be bought and sold like stocks. The ETF's expense ratio is 0.58% as of 2021.
It is important to note that investments in DNU, like any other investment, are subject to market risks, including the possible loss of principal. Investors should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. This information can be found in the prospectus, which can be obtained by visiting the company's website.
Also, it's important to note that the performance data of a fund doesn't guarantee future results and that past performance is not a guarantee of future results. It's recommended to consult a financial advisor before making any investment decisions.