|Bid||25.41 x 1000|
|Ask||25.47 x 800|
|Day's Range||25.33 - 25.42|
|52 Week Range||20.34 - 25.42|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||18.71%|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.19%|
Japan’s parliament passed a bill Friday that aims to protect certain domestic companies from foreign investors by cutting the investment threshold at which investors have to notify regulators ahead of purchasing shares in “sensitive companies” from 10% to 1%, according to The Japan Times. The law passed Nov. 22 involves the Foreign Exchange and Foreign Trade Act, which requires overseas investors to seek government permission before obtaining a 1% or higher stake in a listed Japanese firm engaged in business related to “weapons, nuclear energy, semiconductors [or] railroads,” lowering the threshold from the current 10%. The Japanese economy is a developed free market environment — the third-largest in the world — and is noted for its stability.
Japan delivers GDP growth amid projections of a slight decline for first-quarter 2019, putting ETFs with strong exposure to the region in focus.
Despite a volatile 2018, some ETF providers were well positioned to capitalize on the market turmoil and attract investors away from more established investment strategies in the ETF space.
The acronym of "BYOA," which stands for "bring your own assets" is quickly gaining traction in the exchange-traded fund (ETF) issuer space, and JP Morgan is leading the charge for steering its own clients to its ETF products. According to a report in the Wall Street Journal, it's a practice that does not cut corners with regulations as long as proper disclosure is made. “There is robust disclosure provided to wealth management clients relating to conflicts arising from the investment of client assets in JPMorgan managed strategies,” said JPMorgan spokeswoman Kristen Chambers.