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ETFs aim for "asset management linked to specified stock price indexes, etc.," and as such, have the quality of very closely tracking the market prices of the underlying stock price index, etc.
"NEXT FUNDS Ibovespa Linked Exchange Traded Fund" ETF managed by Nomura Asset Management Co., Ltd. and the "Daiwa ETF・TOPIX-17" , a group of 17 ETFs managed by Daiwa Asset Management Co. Ltd., are slated to list on the Tokyo Stock Exchange on July 17, 2008, and July 23, 2008, respectively.
List of TSE-listed ETFs
NEXT FUNDS Ibovespa Linked Exchange Traded Fund
Nomura Asset Management Co.,Ltd.
Daiwa ETF TOPIX-17
Daiwa Asset Management Co.Ltd.
In its medium term management plan, the TSE set a goal of 100 ETFs listed on the TSE within the next three years. We will continue to make efforts to diversify our ETF lineup in order to live up to the expectations of investors. -- www.tse.or.jp