I would like to see more Japanese Equity ETFs added to the available range. Currently the only one has an extremely high TER
There are quite a few Japanese equity ETFs. Which one are you referring to with a hugh TER?
There is Amundi Prime Japan, which has a TER of 0.05%. Cant really get a much lower TER than that.
I was referring to IJPH with 0.64& TER as it is the only GBP hedged (non-esg) japan equity index tracker.
Looks like there are only 9 GBP hedged Japan equity ETF’s including ESG (according to JustETF) - outside of iShares and Wisdomtree the funds are pretty small size, so if IE do introuce them watch out for potentially long settlement timescales and the funds potentially closing if they don’t reach scale.
Hi! I’ll pass your ETF suggestion on to the relevant team. Are there any particular ETFs that you are interested in?
Apologies, i missed the GBP hedged part of your question.
Thanks for the help, doesn’t look like the wisdomtree one will do for me. Just odd that they ommit Sony from the etf. Does anyone know why?
WisdomTree use their own index that has a quality and momentum filter. So, my guess is that Sony does not meet the quality and momentum criteria to be included.
I’m also looking for a cheaper Japan Hedged ETF as the Japanese market has become so much more interesting over the last year, and looks like finally awakening from decades of slumber.
The UBS MSCI Japan ETF is GBP hedged to the Yen, Ticker UBOD ISIN LU1169822340 , was highlighted in a recent Alpha Newsletter at Investor’s Chronicle, showing how it significantly outperformed an unhedged ETF SJPA, which is already available here, 13% growth in 2023 versus an astonishing 30 % ! Hence the benefit of hedging in this instance. According to JustETF it is a lowly 0.15% TER, is distributing and is not too small valued at £93M, so is less likely to disappear.
Please could this be added as an alternative Japanese ETF.
Hi! Thank you for your suggestion. I will forward this request to the relevant team for consideration.