Nikko Asset Management has unveiled three ETFs on the Tokyo Stock Exchange, providing investors with exposure to the US and emerging markets.
The Listed S&P 500 US Equity fund is the first ETF listed on an exchange in Japan to replicate the S&P 500 index, allowing domestic investors to gain efficient local access to the US market. The Listed China Equity ETFs tracks mainland Chinese companies listed on the Hong Kong Stock Exchange by replicating the Hang Seng China Enterprises index. The fund aims to capture the movements in stock prices of mainland Chinese companies. The Listed India Equity fund invests in futures contracts to gain exposure to the S&P CNX Nifty Futures index. Nikko AM head of ETFs Koei Imai says the fir...
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