iShares begun trading the iShares Currency Hedged JPX-Nikkei 400 ETF (NYSEArca: HJPX) on Thursday, October 1, 2015.
FUND INFORMATION:
Symbol: HJPX | Exchange: NYSE Arca |
Name: iShares Currency Hedged JPX-Nikkei 400 ETF | Net Expense Ratio: 0.48% |
FUND OBJECTIVE:
The iShares Currency Hedged JPX-Nikkei 400 ETF seeks to track the investment results of the JPX-Nikkei 400 Net Total Return USD Hedged Index.
REFERENCE INDEX:
The JPX-Nikkei 400 Net Total Return USD Hedged Index provides exposure to broad-based Japanese equities with the currency risk of the securities included in the Underlying Index hedged to the U.S. dollar on a monthly basis.
The Underlying Index is comprised of companies that the Index Provider determined to have high appeal for investors and meet requirements of global investment standards, such as efficient use of capital and investor-focused management perspectives. The Underlying Index may include large-, mid- or small capitalization companies, and the components primarily include consumer discretionary, financials and industrials companies.
As of its inception date, the Fund intends to seek to achieve its investment objective by investing a substantial portion of its assets in one underlying fund, the iShares JPX-Nikkei 400 ETF (JPXN).
Top Holdings (10/01/2015):
ISHARES JPX-NIKKEI 400 ETF (JPXN) | 100.1011% |
JPY/USD Forwards | 0.0087% |
JPY/USD Forwards | -0.1098% |
Useful Links:
HJPX Home Page
Category: Equities> Regions> Asia> Developed Asia Equities> Japan
ETFtrack Comment:
HJPX is the currency hedged version of the iShares JPX-Nikkei 400 ETF (JPXN) which tracks the JPX-Nikkei Index 400.