(Bloomberg) -- The WisdomTree Brazilian Real Fund, an exchange-traded fund tracking Brazil’s currency, lost more than 90 percent of its assets this week after redemptions of $473 million.

The fund, which had $513 million under management as of Jan. 24, lost the assets on Jan. 28 and 29, according to data compiled by Bloomberg and the latest fund data from New York- based WisdomTree Investments Inc., the ETF provider founded by former hedge-fund manager Michael Steinhardt. It’s the only U.S.-registered ETF that follows the real, which fell to a five- month low on Jan. 29.

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