Global X Japan Co. Ltd. (President: Akihiko Kanamura) announced that the following three ETFs were listed on the Tokyo Stock Exchange on March 24.
Global X Japan New Growth Infrastructure ETF (2847),
Global X MSCI Japan Climate Change ETF (2848),
Global X Morningstar Japan High Dividend ESG ETF (2849)
Focusing on infrastructure, climate change and high dividend & ESG ETF are the first ETFs in Japan.
The Global X Japan New Growth Infrastructure ETF aims to track FactSet Japan New Growth Infrastructure Index. The index consists of the top one stock in terms of market capitalization (on a float-adjusted basis) in approximately 100 sectors related to new growth infrastructure, which are categorized using FactSet’s extensive and exquisite database, and the top 10 stocks in terms of market capitalization (on a float-adjusted basis) in four sub-themes related to new growth infrastructure (telecommunications, mobility/logistics, social/healthcare, and next-generation energy). The fund’s main themes of telecommunications, mobility/logistics, social/healthcare, and next-generation energy are expected to see increased demand in the future.
The Global X MSCI Japan Climate Change ETF aims to track MSCI Japan Climate Change Index. The index is based on a screening of approximately 300 stocks listed in Japan from the perspectives of ESG and the business activities of the companies, and weightings are adjusted by MSCI based on classification and scoring that takes into account the risks and opportunities associated with the transition to a low-carbon economy. Countries around the world are expected to accelerate their response to climate change (decarbonization) in the future.
The Global X Morningstar Japan High Dividend ESG ETF aims to track Morningstar Japan Sustainability Dividend Yield Focus Index. The index uses Morningstar’s proprietary ESG and corporate competitiveness assessments to select stocks for inclusion in the index. The index to be adopted in this study has a past record of more than 10 years, and has achieved stable and superior performance compared to existing high dividend related indices.
Akihiko Kanamura, President of Global X Japan Co. Ltd. said, ” We believe that the Japanese ETF market will continue to grow in the future on the trend of long-term, diversification, and low-cost in the wealth management. AUM of thematic ETFs is expanding in the U.S. As a thematic and ESG related ETF pioneer in Japan, we aim to provide various investment means with investors in Japan.”