Hedged European equity fund surpasses $1B in AUM

|By:, SA News Editor

WisdomTree (WETF -2.7%) has another popular hedged equity fund on its hands as the Europe Hedged Equity Fund (HEDJ -0.5%) surpasses $1B in AUM. As comparison, the company's Japan Hedged Equity Fund (DXJ) has more than $10B.

About 18 months ago, WisdomTree altered the broad international focus of HEDJ to one aimed at holdings of Europe's exporters - hedging, of course, against currency fluctuations.