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ETF
As of March 29, 2017, WisdomTree Trust - WisdomTree Indian Rupee Strategy Fund has gone out of business. WisdomTree Trust - WisdomTree Indian Rupee Strategy Fund is an exchange traded fund launched by WisdomTree Investments, Inc. The fund is co-managed by WisdomTree Asset Management, Inc. and Mellon Capital Management Corporation. It invests in currency markets. The fund uses derivatives like forward currency contracts and swap agreements to invest in the Indian Rupee relative to the U.S. dollar. It also invests in U.S. money market securities, short-term securities issued by the government of India and its agencies or instrumentalities, bank debt obligations and time deposits, bankers’ acceptances, commercial paper, short-term corporate debt obligations, mortgage-backed securities, and asset-backed securities with a maximum maturity of 397 days and which are rated in the upper two short-term ratings by at least two nationally recognized statistical rating organizations. The fund benchmarks the performance of its portfolio against the JP Morgan Emerging Local Markets Index Plus (ELMI+) India. The fund was formerly known as WisdomTree Trust - WisdomTree Indian Rupee Fund. WisdomTree Trust - WisdomTree Indian Rupee Strategy Fund was formed on May 14, 2008 and is domiciled in the United States.
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