Morningstar

NEXT FUNDS Nikkei 225 Exchange Traded Fund 1321 ETF Analysis

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

Morningstar’s Analysis 1321

Will 1321 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 1321’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the 1321 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 1321’s parent organization’s priorities and whether they’re in line with investors’ interests.

Tilted exposure to Japan’s large-cap stocks.

Senior Analyst Naoko Hashimoto

Naoko Hashimoto

Senior Analyst

Summary

The strategy‘s portfolio includes many of the stocks representative of the Japanese market, but the "old technology" of price-weighted indexes and its focus on the larger portion of the market reduce our conviction. However, low management fees compared with peers, along with its broad coverage of the Japanese stock market, should support a long-term advantage.

by Naoko Hashimoto
Rated on Published on

Unlock our full analysis with Morningstar Investor

Sponsor Center