Morningstar

NEXT FUNDS TOPIX Exchange Traded Fund 1306

Morningstar Medalist Rating
Medalist Rating as of | See Nomura Investment Hub

Morningstar’s Analysis 1306

Will 1306 outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable 1306’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the 1306 management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of 1306’s parent organization’s priorities and whether they’re in line with investors’ interests.

Broadest and most comprehensive beta exposure.

Senior Analyst Naoko Hashimoto

Naoko Hashimoto

Senior Analyst

Summary

This strategy offers the broadest and most diversified fund tracking Japanese equities. Our conviction is grounded in the low management fee relative to peers and representative beta exposure offered in a market where passive investments have proved difficult to bear over long periods.

by Naoko Hashimoto
Rated on Published on

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Portfolio Holdings 1306

More 1306 Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Mitsubishi UFJ Financial Group Inc

3.89 1T
Financial Services

Sumitomo Mitsui Financial Group Inc

2.48 869B
Financial Services

Hitachi Ltd

2.48 869B
Industrials

Toyota Motor Corp

2.46 861B
Consumer Cyclical

Tokyo Electron Ltd

2.27 794B
Technology

Sony Group Corp

2.16 757B
Technology

Advantest Corp

2.15 752B
Technology

Recruit Holdings Co Ltd

2.10 736B
Communication Services

SoftBank Group Corp

2.10 733B
Communication Services

Mizuho Financial Group Inc

2.05 716B
Financial Services

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