JAPN
Horizon Kinetics Japan Owner Operator ETF
📎 Investment Objective
The Horizon Kinetics Japan Owner Operator ETF (JAPN) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Horizon Kinetics Japan Owner Operator Index.
Overview
ETF tracking Horizon Kinetics Japan Owner Operator ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Horizon Kinetics Japan Owner Operator ETF (JAPN) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Horizon Kinetics Japan Owner Operator Index.
🎯 Investment Strategy
The ETF invests in a portfolio of Japanese companies that meet Horizon Kinetics' criteria for being 'owner-operators', meaning the company's management team has a significant equity stake. The goal is to identify well-run, shareholder-friendly Japanese companies that can potentially outperform the broader Japanese equity market over the long term.
✨ Key Features
- Focuses on Japanese equities with an 'owner-operator' investment approach
- Seeks to identify well-managed, shareholder-aligned Japanese companies
- Relatively concentrated portfolio of 30-50 stocks
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Exposure to a single country (Japan), which can increase volatility
- Concentration risk due to the relatively small number of holdings
- Dependence on the owner-operator investment strategy to identify outperforming companies
- Lack of performance history, as the fund is relatively new
👤 Best For
This ETF may be suitable for investors seeking exposure to the Japanese equity market through a differentiated, owner-operator focused investment approach. It may be most appropriate for investors with a long-term investment horizon and a higher risk tolerance, as the concentrated nature of the portfolio can lead to increased volatility.