#Japan #Tokyo #ETF #Global X #Defense Tech

Global X Japan Launches New ETF Focused on Defense Technology

On November 26, 2023, Global X Japan Co., Ltd., a partnership of the Daiwa Securities Group based in Chiyoda, Tokyo, officially introduced the Global X Defense Tech ETF (Ticker: 466A) on the Tokyo Stock Exchange. This strategic move marks a significant step in the realm of investment products tailored for those interested in defense technology.

Overview of the Global X Defense Tech ETF

The Global X Defense Tech ETF aims to track the Global X Defense Tech Index, adjusted for yen conversion. Investors can expect that this ETF will provide exposure to companies globally that are expected to benefit from the expansion and adoption of defense technology.

Key Features

• - Index Tracking: The ETF is designed to align with the Global X Defense Tech Index (yen adjusted), allowing investors to tap into the growth potential within the defense sector.
• - Investment Strategy: By focusing on firms impacted by the innovation and proliferation of defense technologies, the ETF presents a robust opportunity for long-term investment.
• - Currency Hedge: It is important to note that the fund does not use currency hedging as a general rule, introducing potential foreign exchange risk for investors.
• - Distribution Frequency: The ETF plans to distribute earnings to investors twice a year, providing periodic returns alongside capital appreciation potential.

Investment Risks

As with any fund investing in market-sensitive securities, the Global X Defense Tech ETF carries inherent risks associated with its investment strategy. Key factors influencing share price volatility include:

• - Equity Price Fluctuation: Changes in stock prices can greatly affect the value of the ETF, presenting both risks and opportunities.
• - Currency Risks: With international investments, fluctuations in currency exchange rates can impact returns for Japanese investors.
• - Country Risks: Political and economic conditions in countries where the firms operate may also affect fund performance.

About Global X Japan

Established in September 2019, Global X Japan Co., Ltd. is a pioneering ETF specialist asset management firm in Japan. It was founded through a collaboration involving Daiwa Securities Group, Daiwa Asset Management, and U.S.-based Global X Management Company Inc. As a provider of innovative investment solutions, Global X Japan focuses on diverse themes, including growth, income, core investments, and commodities, offering a lineup of unique ETFs tailored to meet investor needs.

Conclusion

The launch of the Global X Defense Tech ETF is a noteworthy addition to the expanding suite of investment products available in Japan. As the global landscape for defense technology evolves, this ETF could play an integral role for investors looking to capitalize on emerging opportunities within this sector. For those interested, further details can be found on their official website.

Official Website: Global X Japan

YouTube Channel: Global X Japan on YouTube

For inquiries related to this article, Global X Japan can be contacted via their specified channels.