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DBR

WisdomTree, an ETF issuer specializing in international and fundamentally-weighted funds, announced the closure of ten of its funds, effective March 24th, 2010. The ETFs effected represent just 3% of WisdomTree’s $6 billion in assets under management and include several of the company’s international sector funds. The largest fund closing is WisdomTree International Communications Sector Fund (DGG) which had roughly $27  million in assets at the end of last year. [click to continue…]

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Will Obamacare Put Healthcare ETFs On Life Support?

by Michael Johnston on August 14, 2009

Healthcare reform has been in the news a lot lately, with constant finger-pointing, debate, and competing versions of comprehensive bills. Although the passage of comprehensive reform appears to be less certain that it was only weeks ago, it remains likely that major changes are coming before the end of the year. While many specifics are still up in the air, it is becoming clear that the outcome of this issue could make a major impact from Main Street to Wall Street. So what does all the speculation and proposed reform mean for healthcare ETFs? That all depends on which of the three main types of funds you’re talking about; biotech ETFs, pharmaceutical ETFs, and healthcare provider ETFs each figure to be impacted in a unique manner as this saga plays out. Each comes complete with its own risks and rewards for investing at a tumultuous time in this rapidly-changing industry. [click to continue…]

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