DBJP
Xtrackers MSCI Japan Hedged Equity ETF
📎 Investment Objective
The Xtrackers MSCI Japan Hedged Equity ETF (DBJP) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the MSCI Japan US Dollar Hedged Index.
Overview
ETF tracking Xtrackers MSCI Japan Hedged Equity ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Xtrackers MSCI Japan Hedged Equity ETF (DBJP) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the MSCI Japan US Dollar Hedged Index.
🎯 Investment Strategy
The fund invests in a portfolio of Japanese equity securities and uses currency forwards to hedge the currency exposure between the Japanese yen and the U.S. dollar. This aims to provide investors exposure to the Japanese equity market while mitigating the impact of currency fluctuations.
✨ Key Features
- Provides exposure to the Japanese equity market
- Currency-hedged to mitigate the impact of yen/dollar exchange rate changes
- Tracks the MSCI Japan US Dollar Hedged Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Equity market risk - The fund is subject to the risks associated with the Japanese equity market
- Currency risk - While the fund is hedged, there is still some residual currency risk
- Tracking error risk - The fund may not perfectly track its underlying index
- Liquidity risk - As a new fund, it may have lower trading volume and liquidity
👤 Best For
This ETF may be suitable for investors seeking exposure to the Japanese equity market with reduced currency risk. It could be used as a component of a diversified international portfolio. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with investing in foreign equities.