Tokyo Stock Exchange, Inc. (TSE) listed “TSE Mothers Core ETF” (Code: 1563), an ETF managed by Simplex Asset Management Co., Ltd. (Simplex AM).…

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This ETF tracks the TSE Mothers Core Index, a stock price index comprised of 15 issues selected by TSE from among domestic common stocks listed on the TSE Mothers market based on factors such as market capitalization, trading value, profit, and dividends.

Through investing in the leading companies listed on Mothers, the market for growth companies, the ETF will provide investors with a new option for investing in growth companies.

Mr. Hiromasa Mizushima, President and CEO of Simplex AM, said “We are very honored to be able to list on TSE the first ETF tracking an index comprised of major Mothers-listed stocks. We hope that this ETF will contribute to the invigoration of the Mothers market, vitalization of Japanese venture companies, and, moreover, revitalization of the Japanese economy. We will strive to be sensitive to investor needs and create forward-looking products in order to contribute to the growth of the ETF market”.

Mr. Atsushi Saito, President & CEO of TSE, commented “TSE cordially welcomes the listing of TSE Mothers Core ETF. To date, TSE has been making efforts to invigorate the Mothers market, and we have laid out index calculation and ETF creation based on the Mothers market as one of the challenges in this fiscal year. In the latter half of this year, the Mothers market has been central to the upward trend in the IPO market. Under these circumstances, we are delighted to welcome TSE Mothers Core ETF to our market. By investing in the leading Mothers-listed stocks, this ETF will offer new opportunities for exposure to the Mothers market, and we hope that it will contribute to increased investor convenience and enhanced market functions. Going forward, TSE will continue to diversify our ETF lineup.”

Source: ETFWorld – TSE