Abu Dhabi Investment Firm Lunate Unveils Japan Equity ETF

  • Date: 19-May-2024
  • Source: Arabian Post
  • Sector:Financial Markets
  • Country:UAE
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Abu Dhabi Investment Firm Lunate Unveils Japan Equity ETF

Arabian Post -Abu Dhabi-based investment firm Lunate Capital is expanding its exchange-traded fund (ETF) offerings with the launch of a new product focused on Japanese stocks. The Chimera S&P Japan UCITS ETF, Lunate’s third ETF launch this year, will begin trading on the Abu Dhabi Securities Exchange (ADX) on May 29th. This new ETF provides investors with a chance to gain exposure to the top 30 most liquid stocks […]

via Abu Dhabi Investment Firm Lunate Unveils Japan Equity ETFArabian Post -

Abu Dhabi-based investment firm Lunate Capital is expanding its exchange-traded fund (ETF) offerings with the launch of a new product focused on Japanese stocks. The Chimera S&P Japan UCITS ETF, Lunate’s third ETF launch this year, will begin trading on the Abu Dhabi Securities Exchange (ADX) on May 29th.

This new ETF provides investors with a chance to gain exposure to the top 30 most liquid stocks listed on the Tokyo Stock Exchange, including household names like Toyota and Sony. The fund tracks the S&P Japan BMI Liquid 35/20 Capped Index (AED) (Custom), an index specifically designed to measure the performance of these blue-chip Japanese companies.

Lunate’s foray into Japanese equities reflects the growing interest in thematic and geographically focused