You've seen the commercials a million times on Bloomberg, CNBC, and Fox Business. Despite WISDOMTREE TRUST's (NYSE:EPI) 150 profitable companies what they fail to mention is the fund's performance, just down 20%, that's all. Either the fund is undervalued or maybe the hype was overvalued? For now the Masters aren't touching this one, India is hurting along with the U.S. economy. BANGALORE (Reuters) - Indian shares are likely to rise from current levels by the end of 2008 but are expected to end the year down 16 percent, ending a six-year bull run that saw the market rise more than six-fold, a Reuters poll shows. The global ...

Another ETF filing with a hat tip to IndexUniverse. WisdomTree has filed for the Middle East Dividend Fund that will include Bahrain, Dubai, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar and the United Arab Emirates. The prospectus has no info on country weightings (none that I found anyway) but surprisingly 54% of the companies have market caps greater than $2 billion. WisdomTree has an awful lot of very interesting funds on the shelf that I'd love to see list but thus far have not. Some of the filings are so old now that I doubt they will list so we'll see if this middle east fund ever lists or not. One thing seems pretty clear to me, frontier markets will open up to investors one way or another pretty quickly. PowerShares has a frontier fund in the works which takes in a few other countries ...