Nomura Newly Lists The First Multi-Asset ETF in Japan

Nomura Asset Management Co., Ltd. (NAM), the core company within the Investment Management Division of Nomura Group, today announced that it has listed a new ETF designed to track the performance of the S&P Balanced Equity and Bond - Conservative JPY Hedged Index (TTM) on the Tokyo Stock Exchange (TSE). From today, investors can trade the ETF on the TSE through securities dealers and traders in Japan.

This is the first multi-asset ETF in Japan, responding to the high demand from institutional investors for this type of ETF. With a U.S. stock to bond ratio of 25/75, the ETF is also suitable as a bond alternative. The ETF is hedged to mitigate currency risk.

NAM listed its first ETF in Japan in May 1995. The new listing brings ETFs in Nomura's NEXT FUNDS range to a total of 66.