WisdomTree plans to launch WisdomTree Brazil Bond Fund

By Toni Weeks

San Luis Obispo, Calif., March 19 - WisdomTree Fixed Income ETF announced in an N-1A filing with the Securities and Exchange Commission its plans to launch the WisdomTree Brazil Bond Fund.

The fund, designed to provide broad economic exposure to the Brazilian government and corporate bonds, will invest in a range of instruments with varying credit risk and duration.

The fund will seek a high level of total return, consisting of both income and capital appreciation, by investing at least 80% of its net assets, plus any borrowings for investment purposes, in fixed-income securities issued by the Brazilian government, quasi-sovereigns and corporations that are organized in or maintain their principal place of business in Brazil.

Under normal market conditions, the fund will attempt to limit interest rate risk by maintaining an aggregate portfolio duration of two to 10 years.

The portfolio managers have not yet been named.

The fund will trade on NYSE Arca under the symbol "BBF."

There are no shareholder fees. Management fees and total annual fund operating expenses have not yet been determined.

WisdomTree Asset Management, Inc., the fund's investment adviser, is a subsidiary of New York-based exchange-traded fund sponsor and asset manager WisdomTree.

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