Global X Japan Co. Ltd. (President: Akihiko Kanamura) announced that the following three ETFs were listed on the Tokyo Stock Exchange on September 28.
Global X Japan Semiconductor ETF (2644), Global X Japan Leisure & Entertainment ETF (2645), Global X Japan Metal Business ETF（2646）
These were developed in light of the global trends of technologization, moving online, and dissemination of new technology. ETFs whose investment themes are semiconductor, leisure & entertainment and metal business（excluding commodity funds) are the first in Japan.
The Global X Japan Semiconductor ETF aims to track the FactSet Japan Semiconductor Index. The index is based on the population of stocks listed in Japan and consists of up to 40 stocks from Pure Play stocks, which are mainly invested in semiconductor manufacturing companies and Quasi Play stock, which are mainly invested in semiconductor peripheral companies (raw materials, processing etc.) The demand of in this field is expected to grow due to technologization.
The Global X Japan Leisure & Entertainment ETF seeks to track the Solactive Japan Leisure & Entertainment Index. The index is composed of 30 stocks listed in Japan, which are selected from among 30 stocks in the leisure and entertainment sector that fall under the sub-themes of “online reservation service” and “video streaming service”, which are relatively new business models. Due to the rebound after corona virus convergence, this field is expected to grow.
The Global X Japan Metal Business ETF aims to track the FactSet Japan Metal Business Index. The index is based on the population of stocks in Japan and consists of up to 30 stocks as constituents, which fall into categories of metal mining and manufacture trading etc. With developing renewable energy and electric vehicles, this field is expected to grow.
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.”
| Stock name | Global X Japan Semiconductor ETF | Global X Japan Leisure & Entertainment ETF |
| Stock code | 2644 | 2645 |
| Target index | FactSet Japan Semiconductor Index | Solactive Japan Leisure & Entertainment Index |
| Distribution frequency | Semi-annually | Semi-annually |
| Fund Overview | ETFs are aimed at linking them to FactSet Japan Semiconductor Index. This index is composed of Japanese companies related to the semiconductors. | ETFs are aimed at linking them to Solactive Japan Leisure & Entertainment Index. The index is composed of Japanese companies conducting business related to the leisure & entertainment. |
| Operational management expenses (Trust fees)2 | 0.649% per annum (0.59% excluding tax) or less of total net assets Breakdown: 0.6215% for settlor company (0.565% excluding tax), and 0.0275% for trustee company (0.025% excluding tax) Within 55.0% (50.0% excluding tax) of premium of securities lending transactions | 0.649% per annum (0.59% excluding tax) or less of total net assets Breakdown: 0.6215% for settlor company (0.565% excluding tax), and 0.0275% for trustee company (0.025% excluding tax) Within 55.0% (50.0% excluding tax) of premium of securities lending transactions |
| Stock name | Global X Japan Metal Business ETF |
| Stock code | 2646 |
| Target index | FactSet Japan Metal Business Index |
| Distribution frequency | Semi-annually |
| Fund Overview | ETFs are aimed at linking them to FactSet Japan Metal Business Index. The index is composed of Japanese companies related to the metal business. |
| Operational management expenses (Trust fees)2 | 0.649% per annum (0.59% excluding tax) or less of total net assets Breakdown: 0.6215% for settlor company (0.565% excluding tax), and 0.0275% for trustee company (0.025% excluding tax) Within 55.0% (50.0% excluding tax) of premium of securities lending transactions |