Tokyo Stock Exchange, Inc. (TSE) approved the listings of two new ETFs managed by Simplex Asset Management Co., Ltd. These two issues will be listed on Thursday, April 5, 2012.…
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The two ETFs will be the first listings of leveraged and inverse ETFs in Japan. They will be listed on the TSE market under the new listing rules and frameworks implemented in March this year.
| Name | TOPIX Bull 2x ETF | TOPIX Bear -1x ETF |
| Code | 1568 (ISIN:JP3047440007) | 1569 (ISIN:JP3047450006) |
| Fund Administrator | Simplex Asset Management | Simplex Asset Management |
| Listing Date | Apr 5, 2012 | Apr 5, 2012 |
| Trading Unit | 10 unit | 10 unit |
| Underlying Index | TOPIX Leveraged (2x) Index | TOPIX Inverse (-1x) Index |
With these listings, there will be a total of 120 ETFs and ETNs listed on the Tokyo market. TSE will continue working to diversify our product lineup, including ETFs and ETNs, from the perspective of offering investors convenient and efficient tools for risk hedging and asset management.
Source: ETFWorld – TSE
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