According to the announcement, the six new WisdomTree ETFs are listed on the BMV in pesos and trades can be initiated through a local broker:
- WisdomTree India Earnings Fund (EPI),
- WisdomTree Emerging Markets Equity Income Fund (DEM),
- WisdomTree Emerging Markets SmallCap Fund (DGS),
- WisdomTree LargeCap Dividend Fund (DLN),
- WisdomTree SmallCap Earnings Fund (EES), and
- WisdomTree Japan SmallCap Dividend Fund (DFJ).
J.P. Morgan’s Depositary Receipts (DR) business services the ETFs and handles all corporate actions. J.P. Morgan also disseminates relevant shareholder and corporate actions information in the Mexican market via BMV. Additionally, a dedicated J.P. Morgan representative is available in Mexico City to provide local expertise and guidance to investors, according to the firm.
Joseph Dooley, DR Executive for the Americas at J.P. Morgan, said: “We look forward to servicing WisdomTree’s ETFs in Mexico. We welcome this strong investor appetite for peso-denominated ETFs and believe that this relationship will help us expand our presence in the Mexican market.”
« TRIVIAL PURSUITS: What is the Most Common Birth Day of the Week?