WisdomTree Chinese Yuan Strategy Fund
CYB
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- DE United States of America
- IPO Date
- May 22, 2008
- CIK
- 0001350487
- Similar Companies
- Business
- WisdomTree Chinese Yuan Strategy Fund (CYB) is an exchange-traded fund that seeks to achieve total returns reflective of both money market rates in China available to foreign investors and changes in the value of the Chinese Yuan relative to the U.S. dollar. The fund invests directly and through derivatives such as forwards and swaps in Chinese Yuan; it benchmarks performance against the JP Morgan Emerging Local Markets Index Plus (ELMI+) China. Launched on May 14, 2008, by WisdomTree, Inc., and co-managed by WisdomTree Asset Management, Inc. and Mellon Investments Corporation, the fund is domiciled in the United States with operations focused on currency markets tied to China. The fund targets investors seeking exposure to Chinese currency dynamics and onshore money market yields accessible to foreigners; it maintains a portfolio emphasizing short-term instruments with a weighted average maturity of 90 days or less. It operates globally through U.S. exchanges like NYSE Arca, providing a single-asset strategy in the currency pair niche of long Chinese Yuan and short U.S. dollar. In a major strategic change, WisdomTree announced the closure and liquidation of the CYB fund in September 2023 due to factors including low assets under management, limited market demand, and competitive positioning; trading ceased after the close of business on October 20, 2023, with final cash distributions to remaining shareholders on or about October 30, 2023. This reorganization aligned with WisdomTree's periodic review of its ETF lineup to focus on more compelling offerings, marking the fund's definitive wind-down without subsequent relaunches or revivals. No additional partnerships, acquisitions, funding rounds, or product expansions occurred in the lead-up to liquidation.