Nikko lists first MSCI Japan ETF in Asia

Although there are existing ETFs tracking the MSCI Japan index listed on NYSE Arca and other exchanges, Nikko's Listed Index Fund Japan Equity on the TSE provides domestic investors with efficient local access. As the underlying index comprises Japanese equities that will be traded at the same time of day as the ETF, there is a smaller chance of deviations between ETF prices and the net assets per unit. The TSE-listed ETF is also highly liquid, allowing for potentially tighter bid-offer spreads in the market. The fund, which is Nikko's ninth Japan equity ETF, has an annual expense ...