Moody's turns gloomy on sovereign credit
- Seeking Alpha
As of March 25, 2019, WisdomTree Trust - WisdomTree Asia Local Debt Fund has gone out of business. WisdomTree Trust - WisdomTree Asia Local Debt Fund is an exchange traded fund launched by WisdomTree Investments, Inc. The fund is co-managed by WisdomTree Asset Management, Inc. and BNY Mellon Asset Management North America Corporation. It invests in the fixed income markets of emerging countries in Asia. The fund invests in investment grade and non-investment grade securities including bonds, notes or other debt obligations issued by governments, government agencies and instrumentalities, and government sponsored enterprises denominated in local currencies of countries in Asia. It maintains an aggregate portfolio duration of between two and eight years. The fund benchmarks the performance of its portfolio against the Markit iBoxx Asian Local Bond Index Unhedged USD. WisdomTree Trust - WisdomTree Asia Local Debt Fund was formed on March 17, 2011 and is domiciled in the United States.