Japanese equity ETF launched on Xetra

Ossiam has launched a new ETF on Xetra, aimed at offering investors access to the performance of most liquid Japanes companies with low variance.

The fund tracks the S&P/TOPIX 150 Index and aims to benefit from currency hedging the yen against the Euro.

In a bid to minimise volatility, stocks are chosen on the basis of historical volatility, as well as their correlation level, and weighted according to an optimisation process.

In order to ensure diversification, no single stock may be represented in the index by more than 4.5 percent, while individual sectors are limited to up to 20 percent of the portfolio.

The fund is Ucits compliant, has a total expense ratio of 0.65 percent and an accumulating distribution policy.

ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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