Global X Japan Launches New Copper Business ETF
On May 28, Global X Japan Co., Ltd., a subsidiary of the Daiwa Securities Group, announced the debut of its
Global X Copper Business ETF on the Tokyo Stock Exchange, under the ticker symbol
580A. This new ETF aims to track the performance of the
Solactive Global Copper Miners Total Return Index in yen.
The ETF primarily invests in the shares of the
Global X Copper Miners ETF (Ticker: COPX), a U.S.-listed investment trust, thereby providing exposure to a diverse range of companies engaged in copper mining across the globe. The introduction of this ETF opens up an important investment avenue for those looking to tap into the copper market's potential.
Fund Details
- - Fund Name: Global X Copper Business ETF
- - Ticker Symbol: 580A
- - English Name: Global X Copper Miners ETF
- - Target Index: Solactive Global Copper Miners Total Return Index (Yen-denominated)
- - Distribution Frequency: Twice a year
Investment Risks
Investing in this fund comes with inherent risks. Since it focuses on volatile securities, the fund's net asset value (NAV) may fluctuate, indicating that the initial investment is not guaranteed and may even fall below the invested amount. Any gains or losses realized from the trust assets will belong solely to the investors. Unlike deposits, investment trusts are subject to market risks, including:
- - Fluctuations in stock prices (price fluctuation risk, credit risk)
- - Currency risk
- - Country risk
- - Other factors
Intellectual Property Rights
This fund is not sponsored, endorsed, or promoted by SOLACTIVE AG or any other SOLACTIVE affiliates. The
SOLACTIVE INDEX is proprietary to SOLACTIVE. The name SOLACTIVE and SOLACTIVE INDEX are trademarks owned by SOLACTIVE or its affiliates, and their use by Global X Japan Co., Ltd. has been authorized for specific purposes. No SOLACTIVE entity makes any representation or warranty regarding the general conditions of investment in this fund or its ability to replicate market performance.
About Global X Japan
Global X Japan Co., Ltd. was founded in September 2019 as Japan's first ETF-focused asset management firm in collaboration with the Daiwa Securities Group Holdings, Daiwa Asset Management Co., Ltd., and Global X Management Company Inc. (U.S.). The company aims to cater to the diverse investment needs of its clients with an extensive lineup of innovative ETFs spanning growth themes, income-focused, core, and commodity-related options. Currently, the firm has expanded its listed products to 71 ETFs, reflecting a robust growth trajectory in the Japanese market.
For more information, visit the official website:
Global X Japan or the YouTube channel:
Global X ETFs Japan.
Contact Information
For inquiries regarding this matter, please contact:
Global X Japan Co., Ltd.
Global X Japan is registered as a financial instrument business operator with the Kanto Local Finance Bureau (Financial Instruments Business License No. 3174). It is also a member of the Japan Investment Advisers Association.