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Buyers Chasing Japan Stock Rebound Max Out Biggest Leveraged ETF

Bloomberg - 3 hours ago Japan’s biggest exchange-traded fund that makes leveraged bets on a stock rebound got so popular this week that it’s stopped taking new money. The Next Funds Nikkei 225 Leveraged Index ETF will probably increase its size limit from 700 billion yen ($5.8 billion) so it can open again for orders, said Kazumasa Hironaka, a senior manager at Nomura Asset Management Co.. which …