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ETF
NEXT FUNDS Nikkei 225 Leveraged Index Exchange Traded Fund is an exchange traded fund launched and managed by Nomura Asset Management Co., Ltd. It invests in the public equity and fixed income markets of Japan. For its equity portion, the fund uses future contracts to invest in the stocks of companies operating across diversified sectors. It invests in the stocks of large-cap companies. For its fixed income portion, the fund invests in Yen denominated, short-term government and corporate bonds. It seeks to replicate the performance of Nikkei 225 Leveraged Index. The index seeks to track twice the daily performance of the Nikkei Stock Average. NEXT FUNDS Nikkei 225 Leveraged Index Exchange Traded Fund was formed on April 10, 2012 and is domiciled in Japan.
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