JPN charges just 0.4% per year, making the new ETF eight basis points less expensive than the two largest U.S.-listed Japan ETFs. While some new ETFs often struggle with liquidity and volume issues, JPN may not be afflicted with the same problems. There is already vibrant trade in exchange traded futures linked to the JPX-Nikkei 400 Index, which could serve to bolster the new ETF’s liquidity.
With assets totaling $18.5 billion as of June 16, 2015, an increase of approximately 430% since year-end 2014, Deutsche X-trackers continues to be among the fastest growing ETF franchises in the US, according to the statement. Deutsche AWM is the fifth-largest ETF issuer in the world. [More to Come for Currency Hedged ETFs]
JPX-Nikkei 400 Index
Chart Courtesy: Japan Exchange Group