Fund Description: WisdomTree International SmallCap Dividend Fund is an exchange-traded index fund or Index ETF which is a separate investment portfolio (or Fund) of the WisdomTree Trust, a registered investment company. The Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree International SmallCap Dividend Index (Index Ticker WTISDI). <p> INDEX DESCRIPTION: The WisdomTree International SmallCap Dividend Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada. The Index is comprised of the companies that compose the bottom 25% of the market capitalization of the WisdomTree DIEFA Index after the 300 largest companies have been removed. Companies are weighted in the Index based on annual cash dividends paid. The Index, established with a base value of 200 on May 31, 2006, is calculated in US dollars and is updated every 15 seconds between 9:30 a.m. and 4:00 p.m. to reflect market prices and exchange rates. Closing or last-sale prices are used when non-U.S. markets are closed. <p> FUND STRATEGY: Under normal circumstances, at least 95% of the Fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the Index. The Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in stocks in the index. The Fund generally may invest up to 5% of its total assets in securities not included in the Index, but which the Fund believes will help it track the Index. For example, the Fund may invest in securities that are not components of its Index in order to reflect various corporate actions and other changes to its Index (such as reconstitutions, additions and deletions). Under normal circumstances, as long as a Fund invests at least 95% of its total assets in the securities of its Index, it also may invest its other assets in cash and cash equivalents, as well as in shares of other investment companies, futures contracts, options on futures contracts, options, and swaps. WisdomTree Asset Management expects that, over time, the correlation between the Fund's performance and that of the Index, before fees and expenses, will be 95% or better. The Fund may use a "Replication" strategy or a "Representative Sampling" strategy in seeking to track the performance of its Index. A Fund using a Replication strategy generally will invest in all or substantially all of the securities in its Index in approximately the same proportions as such securities are found in the Index. A Fund using a Representative Sampling strategy generally will invest in a sample of the securities in its Index whose risk, return and other characteristics closely resemble the risk, return and other characteristics of the Index as a whole. <p> FUND MANAGEMENT: WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree Investments, Inc. (NGS: WETF), serves as the investment advisor to the Fund and has overall responsibility for the general management and administration of the Trust. BNY Investment Advisors, a separately identifiable division of The Bank of New York, serves as the sub-adviser for the Fund and the Fund is managed by their Index Fund Management Division.