The JPX-Nikkei 400 is a relatively new market index. Established in 2013 it contains 400 publicly traded stocks of large Japanese companies. I am a big fan of new indices, old ones often hold on to some peculiar rules or let themselves be dominated by a few big companies.
The Dow Jones for instance encompasses some old mammoth companies and the Dutch AEX is overweighed in 5 to 10 company stocks. The modern indices have made up their rules and regulations with a view on the ultimate investor.
That is another way of telling that they only want to include the winner-stocks within their indices. The main aim is to let these indices flourish and that is always good news for index investors.
With the composition of the JPX-Nikkei 400 market index they went to great lengths to make sure that the investors’ interests were fully met. The rules are made in a way that an average increase always outperforms that of other Japanese market indices.
It goes without saying that this is precisely the reason that I chose this particular Nikkei ETF for trading the Japanese markets. Of course there is a downside to this Nikkei market index, its short history does not give you ample data to make your decisions upon, but the advantages outweigh this setback.
Lyxor JPX-Nikkei 400 (DR) UCITS ETF
In trading the JPX-Nikkei 400 I opted for an Nikkei ETF of Lyxor. It is quoted in Euro’s at the Paris stock exchange and it is a physical ETF which means they are buying the underlying stocks.
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Lyxor JPX-Nikkei 400 (DR) UCITS ETF info:
ETF provider: Lyxor (Societe Generale)
The Lyxor JPX-Nikkei 400 (DR) UCITS ETF has quotations on different exchanges and is known under several ticker symbols. As long as the ISIN number is identical you are dealing with the same ETF.