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Nomura Widens Access To Japanese Stocks Via New ETF Listings
Asian investment banking giant Nomura has rolled out two exchange traded funds that track the Japanese equity market.
Asian investment banking giant Nomura has rolled out two exchange traded funds that track the Japanese equity market. Both ETFs are listed in London.
The firm has rolled out the Nomura Nikkei 225 Euro-Hedged UCITS Exchange Traded Fund and the Nomura Nikkei 225 US Dollar-Hedged UCITS Exchange Traded Fund.
The funds are designed to track the performance of the recently-launched Nikkei 225 Total Return US Dollar and Euro-Hedged indices, which reference the most liquid equities traded on the Tokyo Stock Exchange.
Nomura said offering the ETFs in dollar- and euro-hedged formats allows investors to gain Japanese equity exposure while reducing the effect of fluctuating exchange rates. The ETFs are part of Nomura’s NEXT FUNDS range.
