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NEXT FUNDS Nikkei 225 Exchange Traded Fund 1321

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

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Portfolio Holdings 1321

More 1321 Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 47.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Advantest Corp

12.36 2T
Technology

Fast Retailing Co Ltd

9.23 2T
Consumer Cyclical

Tokyo Electron Ltd

7.85 1T
Technology

SoftBank Group Corp

5.96 1T
Communication Services

Recruit Holdings Co Ltd

2.95 529B
Communication Services

TDK Corp

2.17 388B
Technology

Ibiden Co Ltd

2.06 368B
Technology

KDDI Corp

1.74 311B
Communication Services

Kioxia Holdings Corp Ordinary Shares

1.59 284B
Technology

Shin-Etsu Chemical Co Ltd

1.57 280B
Basic Materials

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