#Japan #Tokyo #ETF #Silver Investment #Global X Japan

Global X Japan's New Silver ETFs

On May 28, 2023, Global X Japan株式会社, a part of the Daiwa Securities Group, officially launched two new silver ETFs on the Tokyo Stock Exchange: the "Global X Silver ETF" (stock code: 577A) and the "Global X Silver ETF (Currency Hedged)" (stock code: 578A). This move expands the availability of investment options focused on silver, a precious metal that has traditionally attracted investors seeking both growth and stability.

Understanding the New ETFs

Global X Silver ETF (577A)

The Global X Silver ETF aims to track the performance of the Solactive Silver Spot Sydney Close Index on a JPY basis. By primarily investing in the Global X Physical Silver Structured (ticker: ETPMAG), which is listed on the Australian Securities Exchange, this ETF seeks to provide investors with exposure to physical silver.

Global X Silver ETF (Currency Hedged) (578A)

In contrast, the Global X Silver ETF (Currency Hedged) is designed to follow the Solactive Silver Spot Sydney Close Index (JPY Hedged). This instrument also invests significantly in the Global X Physical Silver Structured and aims to mitigate currency fluctuation risks through currency hedging transactions—specifically selling US dollars and buying Japanese yen. This strategy is particularly beneficial for investors concerned about exchange rate volatility impacting their returns.

Both ETFs are set to distribute dividends twice a year, thereby potentially providing a steady income stream for investors.

Fund Overview

Global X Silver ETF

• - Stock Code: 577A
• - Index Target: Solactive Silver Spot Sydney Close Index (JPY)
• - Distribution Frequency: Twice Annually

Global X Silver ETF (Currency Hedged)

• - Stock Code: 578A
• - Index Target: Solactive Silver Spot Sydney Close Index (JPY Hedged)
• - Distribution Frequency: Twice Annually

Investment Risks

Investors should bear in mind that these ETFs involve investing in securities that can experience price fluctuations. This means the net asset value (NAV) is not guaranteed; it may fall below the original investment. All profits and losses from the trust assets belong to the investors, who should be aware that these ETFs are different from traditional savings accounts. The main factors affecting NAV include:

• - Fluctuations in silver prices (price risk, credit risk)
• - Foreign exchange risks
• - Country-specific risks
• - Other risks

Global X Japan: A Brief Overview

Established in September 2019, Global X Japan株式会社 is a joint venture involving Daiwa Securities Group, Daiwa Asset Management, and Global X Management Company Inc. (U.S.). As Japan's first ETF-focused asset management company, it provides a diversified lineup of innovative ETFs to meet varying investor needs, with a total of 71 listed products.

For further information about these new ETFs, you can visit their dedicated website here.

You can also find more about Global X Japan through their official website: Global X's official site or their YouTube channel.

Conclusion

The introduction of these silver ETFs by Global X Japan marks a significant step in the Japanese financial landscape, providing investors with more choices to engage with the precious metals market in a structured way. By offering both standard and currency-hedged options, Global X aims to enhance the accessibility and appeal of silver investments for Japanese investors, inviting them to explore new opportunities in their portfolio management journeys.