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Information on WisdomTree Currency ETFsWisdomTree has launched several currency exchange traded funds. They now offer the Indian Rupee Funds (ICN), the Chinese Yuan Fund (CYB), the Euro ETF (EU) and the Brzaian Real exchange traded fund (BZF). As of June 25, they have launched two more. The WisdomTree Dreyfus New Zealand Dollar Fund (BNZ) and the WisdomTree Dreyfus South African Rand Fund (SZR) launched. WisdomTree has joined with Dreyfus to create the currency trading funds. They are designed to earn income that reflects the money market rates of their respective currencies, however they are not traditional money market funds. These ETFs invest primarily in short-term, investment rated debt and the funds also seek to maintain an average portfolio maturity of 60 days. both funds have an expense ratios of 0.45%.
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