What's New In Investments, Funds? - Nikko AM

Editorial Staff

20 July 2018

Nikko Asset Management
will launch a new exchange-traded fund linked to S&P 500 index with a currency hedge for the Japanese yen.

The ETF will launch on 31 July and will be listed on the Tokyo Stock Exchange on 3 August.

It will be launched to help institutional investors hedge against currency risk in their US equity exposure.

According to the firm, it will be the first Japanese-listed ETF of its kind.