Japan's first US equity ETF targets $300 million in AUM

Nov 24, 2009

Simplex Asset Management says its new product, referencing the Dow Jones Industrial Average, is likely to attract mainly individual investors.

Marking the first time that a Japanese ETF has referenced a US stock-market benchmark, Tokyo-based Simplex Asset Management has licensed the Dow Jones Industrial Average (DJIA) index as the underlying for an exchange-traded fund.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]