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See Also
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New Zealand Dollar ETF
There is currently one New Zealand Dollar (NZD) currency ETF that trades on US exchanges. The WisdomTree Dreyfus New Zealand Dollar ETF is sponsored by WisdomTree and it trades on the NYSE Arca exchange under symbol (BNZ). It is sub-advised by the Dreyfus Corporation.
The WisdomTree Dreyfus New Zealand Dollar ETF (BNZ) main goal is to earn current income reflective of money market rates in New Zealand available to foreign investors, as well as provide exposure to movements in the New Zealand Dollar relative to the U.S. Dollar. It is an alternative way to trade the USD/NZD currency pair.
The WisdomTree Dreyfus New Zealand Dollar Currency ETF (BNZ) vital stats:
Symbol: BNZ Exchange: NYSE Arca Expense Ratio: 0.45% Dividend Distribution: Annually and from time to time NAV or AUM: ~$6 Million as of 4/30/2009 CUSIP: 97717W216 Inception Date: 6/25/2008
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