Finally, there are more choices for investing in exchange traded funds(ETFs) for Japan. The two original Japan ETFs are iShares MSCI Japan Index Fund (EWJ) and the S&P/Topix 150 Fund (ITF). Both are trading along their 200 day moving average and the top holdings in each include Toyota, Mitsubishi UFJ Financial Group and Mizuho Financial.  WisdomTree launched three new Japan funds in June with a different composition. The ETFs are:

  • WisdomTree Japan Total Dividend Index Fund (DXJ)
  • WisdomTree Japan High-Yielding Equity Fund (DNL)
  • WisdomTree Japan SmallCap Dividend Index Fund (DFJ)

Roger Nusbaum of The Street.com states that the economy in Japan remains unhealthy and does not see growth in the near future.  He sites the 0% interest rate over the past few years.

If you are interested in seeing Japan and its economy firsthand, Carl Delfeld is offering an investment mission to Japan in May.  For more details: Download chartwell_japan_group_may_2007.pdf

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.