Reported about 1 year ago
In order to keep up with the changing landscape of the stock market, Wellhope Investments is launching the Wellhope Japan Leading ETF (00949) on June 12th, which tracks the 'NYSE FactSet Japan Moat Advantage Leading Enterprises Index.' This ETF is the first domestic fund with fundamental screening for Japanese stocks, offering investors a new tool for bullish market conditions. By incorporating 'Smart Beta' strategies, the ETF selects 30 stocks based on factors like market value, liquidity, fundamental analysis, and weight calculation, with additional criteria related to global competitiveness. These selected stocks cover popular investment themes and have shown better performance compared to the broader Japanese stock market indices. With a focus on leading Japanese companies, this ETF is poised to benefit from the country's economic changes and investor preferences.
Source: YAHOO