OREANDA-NEWS.  Nomura Asset Management Co., Ltd., Japan’s largest asset management company and a wholly owned subsidiary of Nomura Holdings, Inc., today listed three new exchange traded funds (ETFs) on the Tokyo Stock Exchange.

The funds are designed to track the performance of the JPX-Nikkei 400 Leveraged (2x) Index, JPX-Nikkei 400 Inverse (-1x) Index and JPX-Nikkei 400 Double Inverse (-2x) Index.

The "NEXT FUNDS JPX-Nikkei 400 Leveraged Index Exchange Traded Fund" (ticker: 1470) opened at 19,690 yen and closed at 17,900 yen with total volume of 18,284 units and trading value of approximately 339 million yen.

The "NEXT FUNDS JPX-Nikkei 400 Inverse Index Exchange Traded Fund" (ticker: 1471) opened at 6,660 yen and closed at 6,800 yen with total volume of 2,401 units and trading value of approximately 16 million yen.

The "NEXT FUNDS JPX-Nikkei 400 Double Inverse Index Exchange Traded Fund" (ticker: 1472) opened at 4,230 yen and closed at 4,425 yen with total volume of 1,542 units and trading value of approximately 7 million yen.

The ETFs are part of Nomura’s NEXT FUNDS range, which totals 50 funds with today’s new listings.

Nomura

Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership.