State Street launches Japan Ucits ETF

State Street Global Advisors (SSGA) has launched a Japan equity exchange-traded fund (ETF) under its SPDR brand and listed it in Germany.

The SPDR MSCI Japan Ucits ETF is listed on the Deutsche Börse Xetra and available in hedged and unhedged currency share classes.

SSGA says the ETF allows investors to access the performance of large and mid-cap segments of the world’s third largest economy.

The fund will be available in Austria, Denmark, Finland France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain and Sweden.

Axel Riedel, head of SPDR ETFs for Germany, says the offer of “multiple tailored solutions” for achieving Japanese exposure via hedged and unhedged share classes is a recent advance in the ETF market.

“Japan has had a challenging two decades; however multiple reforms of fiscal stimulus and accommodative monetary policy have helped it weather the storm with the MSCI Japan up 9.39% year to date in local terms.”

©2015 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

CLOUD DATA PLATFORMS

Luxembourg is one of the world’s premiere centres for cross-border distribution of investment funds. Read our special regional coverage, coinciding with the annual ALFI European Asset Management Conference.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST