The recent coordinated effort by U.S. and Japanese monetary authorities to prop up the sagging yen understandably rattled global markets. While critics claim that the positive effects of the US/Japan “salvation” effort were short-lived, Japanese equities aren't worse for wear.
The overnight index swaps market is pricing in nearly a 90% chance of a rate increase at the upcoming Bank of Japan meeting.
A weakening yen has helped to boost the country's exports. Japan's dependence on foreign oil remains a risk, however.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 5,047 | $298,490.86 | $376,405.26 | $77,914.4 | 26.1% |
Curtis Ellergodt Rothschild Investment LLC | 8 | $551 | $596.64 | $45.64 | 8.28% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 7,130 | $536,964 | $557,566 | $20,602 | 3.84% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 12,069 | $659,134.88 | $938,244.06 | $279,109.18 | 42.34% |
| NA Nizar Araji National Bank Of Canada /FI/ | 260 | $14,383 | $20,332 | $5,949 | 41.36% |
| BATS Exchange | US Country |
The company in question appears to be an investment fund focused on investing in securities primarily listed on major Japanese stock exchanges, such as the Tokyo Stock Exchange and the Nagoya Stock Exchange. The fund adheres to a specific investment strategy, allocating at least 80% of its assets to securities included in a certain underlying index. This index is described as a free float adjusted market capitalization weighted index, which suggests it adjusts the market value of a company's shares for the number of shares available for public trading. The fund's investment approach emphasizes following the performance of this index closely, aiming to provide investors with a return that corresponds to the performance of the selected stocks in the Japanese markets.
The fund offers a range of investment products and services designed to meet the needs of investors looking to gain exposure to the Japanese equity market. These include: