Nomura Asset Management has announced the launch of the first traded boxes on the Stock Exchange (ETFS) between Japan and Taiwan, thus expanding the scope of the arrival of investors in both markets.
The company announced that the investment funds circulated in the circulating investment funds will appear for the first time on the Tokyo Stock Exchange and the exchange of Taiwan on September 18.
This step is expected to give investors in Japan and Taiwan the easiest mutual access to capital markets to each other while diversifying investment opportunities.
In Japan, Nomura will offer “the following boxes box TipSet Taiwan Technology 50 ExchandE Tradive Fund” (Code: 412a, title: NF Taiwan Tech 50 ETF).
The fund will follow the TIP FactSet Taiwan Technology 50, which chooses companies that generate most of its revenues from the technology sector.
Nomura explained that qualified stocks are chosen based on factors that include research and development activity, stock and profitable prices, before restricting the top 50 in terms of market value.
At the same time, Nomura Asset Management will graduate “Nomura Topix Feeder Etf” (Code: 009812) in Taipei.
The box is designed to track the performance of the Total Total Total, providing investors from Taiwan exposure to the largest ETF in Japan, the following Topix ETF boxes.
Nomura Asset Management, which included the first ETF in Japan in 1995, runs more than 40 trillion yen ($ 265 billion) in the investment funds circulated in July, as it represents 43 % of the ETF market in Japan through assets under management and the largest share in Asia.