SPDR Solactive Japan ETF (ZJPN)

Overview

The investment fund aims to replicate the performance of the Solactive GBS Japan Large & Mid Cap Index USD Index NTR. This objective is primarily achieved by investing a significant portion of its assets directly into the securities that form the index or in depositary receipts backed by these securities. The fund's strategy focuses on the large- and mid-cap segment of the Japanese equity market, a sector that includes companies with the largest market capitalizations. The index itself is adjusted for free float and aims to provide a comprehensive overview of market performance within this segment.

Products and Services

• Index Tracking Investments

The fund specializes in index-tracking investment products, mainly focusing on capturing the performance of the Solactive GBS Japan Large & Mid Cap Index. By investing at least 80% of its total assets in the securities making up the index, along with depositary receipts based on these securities, the fund provides investors exposure to large- and mid-cap Japanese companies. This strategy is designed for investors looking to gain diversified exposure to the Japanese equity market without selecting individual stocks.

• Depositary Receipts Investments

Alongside direct investments in the index securities, the fund offers investment opportunities in depositary receipts. These instruments are based on the securities of the index and provide a mechanism for participating in the equity markets of Japan with increased liquidity and ease of trading. Depositary receipts are a key component of the fund's strategy to offer a comprehensive investment product that mirrors the performance of its benchmark index, targeting those interested in the Japanese market from outside Japan.