- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 250 West 34th Street, 3rd Floor New York NY United States of America 10119
- IPO Date
- Jun 2, 2009
- Business
- WisdomTree Emerging Currency Strategy Fund (CEW) is an exchange-traded fund that seeks total returns reflective of money market rates in selected emerging market countries available to foreign investors and changes in the value of these currencies relative to the U.S. dollar. The fund provides cost-effective, liquid exposure to an equal-weighted basket of at least eight emerging market currencies, rebalanced quarterly with annual selection based on liquidity and representativeness across regions including Latin America, Asia, emerging Europe, and the Middle East/Africa; it achieves this through high-quality U.S. money market securities, such as Treasury holdings, combined with forward currency contracts. CEW offers total returns from currency appreciation, implied yields of emerging market currencies, and income from U.S. money market collateral, with an expense ratio of 0.55%, options availability, and a focus on diversification benefits from broad-based currency exposure.
Launched on May 6, 2009, and domiciled in the United States, CEW trades on NYSE Arca with CUSIP 97717W133 and is issued by WisdomTree Trust, managed by WisdomTree Asset Management, Inc., headquartered at 250 West 34th Street, 3rd Floor, New York, NY.
The fund targets investors seeking tactical exposure to emerging market currency appreciation and yields, serving as a diversifier uncorrelated to traditional equities and bonds; its portfolio features ultra-low duration contracts, with assets allocated primarily to Treasury (83.57%), cash and derivatives offset (7.30%), exchange-traded funds (4.91%), forwards (3.80%), and cash (0.43%), alongside metrics like average days to maturity of 22 for money market instruments and an effective duration of 0.10.
In recent developments, WisdomTree, the issuer, completed the acquisition of Ceres Partners, LLC, a U.S. farmland investment manager, on October 2, 2025, for $275 million in cash plus a potential $225 million earnout, marking its entry into private asset markets; the firm also launched tokenized funds such as the WisdomTree Equity Premium Income Digital Fund (EPXC) on December 3, 2025, and new UCITS ETFs including Value strategies in December 2025 and Europe Defence/Uranium in March 2025, alongside portfolio manager updates like Marlene Walker-Smith joining in June 2025.