CI Japan Equity Index ETF Trust Units HedgedCI Japan Equity Index ETF Trust Units HedgedCI Japan Equity Index ETF Trust Units Hedged

CI Japan Equity Index ETF Trust Units Hedged

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Key stats


Assets under management (AUM)
‪24.46 M‬CAD
Fund flows (1Y)
‪−14.32 M‬CAD
Dividend yield (indicated)
1.92%
Discount/Premium to NAV
0.2%
Shares outstanding
‪430.00 K‬
Expense ratio
0.58%

About CI Japan Equity Index ETF Trust Units Hedged


Issuer
CI Financial Corp.
Brand
CI
Inception date
Aug 1, 2018
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
WisdomTree Japan Equity Index - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
CI Investments, Inc.
ISIN
CA12559J2074
The fund has a specific investment thesis with an Abenomics-targeted, dividend-focused portfolio. It selects export-oriented, dividend-paying Japanese companies of all capitalizations, specifically those that generate less than 80% of their revenue from Japan. In addition, these securities must be incorporated in Japan, traded on the Tokyo Stock Exchange and be able to meet the funds market-cap and liquidity requirements. The fund may invest in any sector and industry group without bias. Holdings are then weighted by dividends paid over the prior annual cycle, with each individual security capped at 5% and sector and country weights at 25%. The index is rebalanced and reconstituted annually.

Broaden your horizons with more funds linked to JAPN via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Fundamental
Geography
Japan
Weighting scheme
Dividends
Selection criteria
Fundamental
What's in the fund
Exposure type
StocksBonds, Cash & Other
Consumer Durables
Finance
Producer Manufacturing
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
JAPN trades at 57.33 CAD today, its price has risen 0.58% in the past 24 hours. Track more dynamics on JAPN price chart.
JAPN net asset value is 57.49 today — it's risen 6.83% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
JAPN assets under management is ‪24.46 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
JAPN price has risen by 8.27% over the last month, and its yearly performance shows a 24.09% increase. See more dynamics on JAPN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.83% over the last month, showed a 13.90% increase in three-month performance and has increased by 26.59% in a year.
JAPN fund flows account for ‪−98.70 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
JAPN invests in stocks. See more details in our Analysis section.
JAPN expense ratio is 0.58%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, JAPN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, JAPN technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating JAPN shows the strong buy signal. See more of JAPN technicals for a more comprehensive analysis.
Yes, JAPN pays dividends to its holders with the dividend yield of 1.92%.
JAPN trades at a premium (0.27%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
JAPN shares are issued by CI Financial Corp.
JAPN follows the WisdomTree Japan Equity Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 1, 2018.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.