marc salz

WisdomTree: Riding the ETF Wave

I think the whole point that you all are arguing with Wisdomtree at $1billion in assets is kind of funny.
On September 22 they had about 550 million in assets. On November 13, they hit $1 billion. Today, they have about (I rounded my millions) 1,364,000,000. That's pretty staggering growth, adding about 1/3 of a billion per month. When they add the new etfs, they will probably break 2 billion within a few weeks. So, with 2 billion within reach in February and strong performance compared to benchmarks in a bull market (I think they'll look even better in a bear) we can reasonably expect 4 billion by 2007's end.
Stock is certainly overvalued for a value investor, but for growth it looks pretty good.
Assets under management are available at the Wisdomtree website.
Cheers