Global X Japan Launches New Defense Tech ETF
On February 26, 2023, Global X Japan, a prominent player in the mutual fund sector, announced the launch of its latest product, the "Global X Japan Defense Tech ETF" (Ticker symbol: 513A), on the Tokyo Stock Exchange. This new exchange-traded fund (ETF) aims to mirror the performance of the "Mirae Asset Japan Defense Tech Index (including dividends)" and focuses on investing in publicly traded Japanese companies involved in defense and security products and services.
The establishment of this ETF comes at a time when Japan is recognized for its world-class technological prowess and supply chains, particularly within the manufacturing sector. Given the increasing demand for enhanced security solutions, the defense technology sector offers significant opportunities for investors. By launching this ETF, Global X Japan is providing a means for investors to gain exposure to a wide range of industries that possess advanced technology, including shipbuilding, aerospace, communication systems, and cybersecurity, all while mitigating the individual risks associated with single companies.
Fund Overview
- - Fund Name: Global X Japan Defense Tech ETF
- - Ticker Symbol: 513A
- - Index Targeted: Mirae Asset Japan Defense Tech Index (including dividends)
- - Distribution Frequency: Twice a year
Fund Characteristics
The Global X Japan Defense Tech ETF aims to track the performance of the Mirae Asset Japan Defense Tech Index. By investing in Japanese companies that offer products and services related to defense and security, this ETF enables investors to tap into a crucial sector promising both growth and stability.
This ETF is expertly crafted to cater to a diverse range of investor profiles, allowing them to diversify their portfolios with exposure to the defense sector, which is increasingly seen as vital to national security and economic resilience.
Investment Risks
As with all investments, the Global X Japan Defense Tech ETF carries risks, primarily tied to the price movements of the securities within the fund. The net asset value may fluctuate, and investors’ capital is not guaranteed. Potential risks influencing the net asset value include:
- - Stock price fluctuations (market risk and credit risk)
- - Currency risk
- - Country-specific risks
- - Other market factors
Index Copyright Information
The index and related data are provided by Mirae Asset Global Index Private Limited, which clarifies that the information should not be regarded as an endorsement or guarantee of the fund's quality or potential performance. They do not warrant any results from the use of the index and disclaim all responsibilities regarding any losses or discrepancies.
About Global X Japan
Founded in September 2019, Global X Japan is a collaboration between Daiwa Securities Group and other leading financial entities. As Japan's first ETF-focused asset management company, it has developed a unique product lineup to meet the diverse needs of its investors, offering 64 ETFs ranging from growth themes to core and income-generating strategies.
To learn more about the Global X Japan Defense Tech ETF, you can visit the special website at
Global X Japan. For additional information, individuals can explore their official website at
Global X ETFs and subscribe to their YouTube channel for the latest updates.
For further inquiries, interested parties can reach out to Global X Japan at the contact emails provided on their website.
Global X Japan is regulated by the Kanto Financial Bureau and holds necessary certifications, solidifying its commitment to the reliability and trustworthiness of its investment products.