Mizuho Financial Group Inc
Moving Average Analysis of EWJ’s Banking Industry
On December 31, 2015, the banking industry of the iShares MSCI Japan ETF (EWJ) returned -0.4%. The Wisdom Tree Japan Hedged Equity ETF (DXJ) fell by 1%.
How Japan’s Fiscal Policies Can Help Achieve Its Economic Goals
Prime Minister Abe’s administration initially achieved coordination between the Bank of Japan’s QQE and fiscal stimulus.
Key Highlights of Japan’s QQE with Yield Curve Control
The Bank of Japan will set two interest rates: a short-term policy rate and an operating target for long-term interest rates. These rates will serve as guidelines for market operations.
Monetary Easing and Financial Intermediation in Japan
Maintaining confidence is key to raising inflation expectations, and the Bank of Japan intends to control the yield curve in order to guide inflation expectations.
What’s behind the Calvert International Equity Fund’s Poor Showing?
The Calvert International Equity Fund – Class A (CWVGX) has had a forgettable 2016 so far.
How Geographic Restriction Has Hurt VPACX in 2016
Almost all holdings from the financial sector have contributed negatively to the VPACX so far in 2016.
Telecom Services Cap the High Portfolio Turnover for SAESX
The SunAmerica Japan Fund – Class A (SAESX) fell a sharp 17% in the first four months of 2016, making it the second-worst performer among the nine funds in this review.
Portfolio Moves of CNJFX in 2016: Do They Matter?
Industrials, healthcare, and financials form the core of CNJFX. The three combined form about two-thirds of the portfolio.
Investment-Grade Bond Funds Continue to Witness Inflows
Investment-grade bond funds saw net inflows of $1.0 billion during the week ending April 6—compared to net inflows of $112.3 million in the week ending March 30.
BMW US Capital Issued the Most High-Grade Bonds Last Week
US financials dominated the primary market for high-grade bonds in the week ending April 8. They accounted for 53.0%, or $13.4 billion, of all the issues.
An Investor’s Guide to the Calvert International Equity Fund
Apart from common stocks, the Calvert International Equity Fund invests in preferred stocks and depositary receipts as well.
Why the High Volatility of the Japanese Yen in Recent Months?
The US dollar–Japanese yen currency pair has been one of the most volatile developed country currencies in the past six months. The Japanese yen saw heavy appreciation in August.
Overview of the Vanguard Pacific Stock Index Fund (VPACX)
The Vanguard Pacific Stock Index Fund is the only passive fund of our nine. It invests mostly according to the FTSE Developed Asia Pacific All-Cap Index.
Can Japan-Focused Mutual Funds Entice Investors in 2016?
Even with all sorts of macroeconomic problems, Japan-focused mutual funds were superlative performers among developed markets in 2015. One of the reasons for that was a surge in corporate profits.
A Portfolio Scan of the Hennessy Japan Fund (HJPNX) in 2015
The Hennessy Japan Fund – Investor Class (HJPNX) was managing $128 million in assets at the end of December 2015.
The Japanese Housing Sector Sent a Mixed Signal in December
According to the Ministry of Land, Infrastructure and Transport, Japanese housing starts fell 1.3% in December YoY as compared to a rise of 1.7% in November.
Toshiba Tops EWJ’s Performance
On January 4, 2016, Toshiba (TOSBF) was the top performer of the iShares MSCI Japan ETF (EWJ).
Obayashi Led EWJ, Plans to Dump Its Cross-Held Shares
EWJ’s top stocks were Obayashi, Maruichi Steel, and Japan Retail Fund Investments. They returned 1.9%, 1.7%, and 1.6%, respectively.
Amada Holdings Was EWJ’s Top Stock, Upgraded by Mitsubishi UFJ
On Monday, December 7, 2015, the stocks at the top of the iShares MSCI Japan ETF (EWJ) were Amada Holdings, Mixi, and TDK.
Colopl Is EWJ’s Top-Performing Stock, with a Rise of 5%
EWJ’s top performers on December 2 were Colopl, Taisei, and Kyushu Electric Power. EWJ’s worst performers were Hitachi and Honda, among others.
Banking Stocks Dragged Down EWJ for the Second Straight Day
To understand what drove EWJ and what pulled it down on November 27, 2015, it’s important for investors to analyze the performance of the various industries in EWJ that day.
Banking Stocks Dragged down EWJ on November 25
Leading Japanese banking companies like Sumitomo Mitsui and Mizuho declared that they would realize investment gains by selling stock holdings on their latest earnings.
Fukuoka Financial Group Led EWJ, Toyota Lagged
Fukuoka Financial Group returned 2.8% on November 19, 2015. Moody’s, the global credit rating agency, upgraded the bank’s outlook to positive in September 2015.
Why Japanese Equity Should Continue to Remain Attractive
The case for Japanese equity is based on corporate profitability, corporate reforms for sustainable growth, and Japanese equities that continue to be the cheapest in the developed world.
How the Voya Japan TOPIX Index Portfolio Class A Fared in September 2015
The Voya Japan TOPIX Index Portfolio fell by 6.7% in September 2015 from the previous month.
The Hennessy Japan Fund Investor Class (HJPNX): Historical Overview
The Hennessy Japan Fund Inv Class seeks “long-term capital appreciation by investing in stocks of Japanese companies” and has 22 holdings as of September.
How the Commonwealth Japan Fund Fared in September 2015
The Commonwealth Japan Fund (CNJFX) fell by 5.8% in September 2015 from the previous month, but it remained an above-average performer among peers.
The Brown Advisory-WMC Japan Alpha Opportunities Fund (BIAJX): Overview
Brown Advisory-WMC Japan Alpha Opportunities Fund doesn’t target a specific segment by market capitalization. Instead, it intends to be benchmark agnostic.
Investment-Grade Bond Funds Witness Inflows
Flows into investment-grade bond funds were positive for the week ending on October 14 after witnessing four consecutive weeks of outflows.
What You Should Know about the Commonwealth Japan Fund (CNJFX)
The Commonwealth Japan Fund has been in existence since July 1989 and was managing assets of $5.2 million as of August 2015. Its net expense ratio is 3.5%.
Japan’s Manufacturing and Services Sectors Expanded in August
Manufacturing activity in Japan, represented by the Nikkei Japan Manufacturing PMI, rose in August, with the indicator rising to 51.7 points from 51.2 in July.
Growth in Japanese Housing Starts Slowed in July 2015
Japanese housing starts rose in July 2015, but their pace slowed compared to a month ago. Housing starts rose by 7.4% in July compared to a year ago.
How Does the Macroeconomic Picture of Japan Look?
Policymakers and investors have been worried about Japan’s debt burden becoming unmanageable. The International Monetary Fund noted that Japan’s debt could near 300% of its GDP mark by 2030.
International Monetary Fund: Global Economy to Slow Down in 2015
In this series, we’ll look at the International Monetary Fund’s expectations for economic growth around the world, and we’ll explore how these projections might affect your investments.
Real Yield for the 5-Year TIPS Auction in Negative Territory
Higher inflation expectations move bond yields higher, including Treasuries, investment-grade corporate bonds , and high-yield debt.
EMD Finance’s Yankee Corporate Issue Is the Largest in 2015
Yankee bonds dominated the issuance in the week. They accounted for 43.5% of all the issues. Yankee corporates made up 31.3% of all the issues.