Nomura, the $500 billion asset management company is looking to launch the first multi-asset ETF in Japan. The launch is still under approval but if accepted the ETF looks to track the performance of the S&P Balanced Equity and Bond – Conservative JPY Hedge Index (TTM).
ETF Newz Says:
The fund will require a minimum investment of ¥20,000, around $144.68 totaling 10 units.