Global X Japan Launches New Gold ETFs on Tokyo Stock Exchange

Global X Japan Launches New Gold ETFs

Global X Japan, a subsidiary of the Daiwa Securities Group, is exciting investors with the announcement of the launch of two new ETFs designed for gold investments. On September 26, these funds were officially listed on the Tokyo Stock Exchange, marked by their tickers: 425A for the standard version of the Global X Gold ETF and 424A for the hedged variant.

Overview of the ETFs

The Global X Gold ETF aims to track the performance of the Mirae Asset Gold Bullion ETF Index on a yen-denominated basis. By investing primarily in the Global X Gold Bullion ETF listed on the Australian Securities Exchange (ticker: GXLD), this fund effectively translates into tangible investments in physical gold. As a result, it presents an attractive opportunity for those looking to diversify their portfolios with a dependable asset.

In contrast, the Global X Gold ETF (JPY Hedged) targets the Mirae Asset Gold Bullion ETF Hedged Index. This fund means to reduce exposure to currency risk by executing currency hedge strategies, specifically engaging in transactions that involve selling U.S. dollars and buying yen. Like its counterpart, it primarily invests in the GXLD, which bolsters its aim for direct investment into gold bullion.

Key Characteristics of Global X Gold ETFs

Both products share significant commonalities, particularly in portfolio strategy and underlying assets. Each fund aims to deliver returns that mirror the performances of their respective indices, thus aiding investors in leveraging gold's inherent appeal as a hedge against market volatility.

Fund Features

1. Investment Strategy: Each ETF captures the price movements of physical gold, allowing investors to benefit directly from gold's price fluctuations.
2. Distribution Frequency: The funds are designed to provide distributions twice a year, creating opportunities for income generation.
3. Risk Factors: Investors should note the inherent risks associated with these ETFs, as they are susceptible to the price fluctuations of stocks, gold commodities, and currency exchange rates. Thus, it is vital to recognize that the principal amount invested is not guaranteed.

Financial Aspects

Investors should remain vigilant regarding the various factors that could influence price movements. These include stock price volatility, changes in gold prices, as well as currency risks surrounding foreign investments in gold assets. Despite the potential for attractive returns, investors should approach with robust risk management and an understanding of market dynamics.

Global X Japan: A Leader in Innovative ETFs

Global X Japan is recognized for providing innovative investment solutions tailored to meet investors' diverse needs. Since its establishment in September 2019, the company has developed a comprehensive lineup of 57 distinctive ETFs, focusing on various growth themes, income generation, core investments, and commodities. Their goal is to remain a leader in the ETF market, offering insightful products that resonate with investors. To learn more, visit their official website Global X Japan or check out their YouTube channel Global X ETFs Japan on YouTube.

Contact Information

For additional inquiries, Global X Japan representatives are available to provide more information:

- For media relations: [email protected]
- For investor inquiries: [email protected]

With the launch of their new gold ETFs, Global X Japan is clearly making strides to offer solid investment opportunities that align with market interests, further solidifying its reputation as the leading ETF-focused asset management company in Japan.