Lunate Capital launches Chimera S&P Japan UCITS ETF

Lunate Capital launches Chimera S&P Japan UCITS ETF

Lunate Capital, an Abu Dhabi-based global investment management firm, has launched the Chimera S&P Japan UCITS ETF, a physical, in-kind, liquid, and fully fungible exchange-traded fund (ETF or the Fund) that is scheduled to list on the Abu Dhabi Securities Exchange (ADX) on 29th May. The Fund will track the performance of the S&P Japan […]Lunate Capital, an Abu Dhabi-based global investment management firm, has launched the Chimera S&P Japan UCITS ETF, a physical, in-kind, liquid, and fully fungible exchange-traded fund (ETF or the Fund) that is scheduled to list on the Abu Dhabi Securities Exchange (ADX) on 29th May.

The Fund will track the performance of the S&P Japan BMI Liquid 35/20 Capped Index (AED) (Custom), which includes the top 30 most liquid Japanese stocks listed on the Tokyo Stock Exchange.

Investors can subscribe through four Authorized Participants and through the ADX eIPO portal from 16th to 23rd May 2024.

The Chimera S&P Japan UCITS ETF will provide investors with easy access to the world’s third-largest stock market and fourth-largest economy, enabling them to diversify their portfolios in the robust Tokyo Stock exchange.

According to the statement, this diversified portfolio encompasses key players in Japan’s corporate landscape, including Toyota Motor, Sony, Mitsubishi, Honda,