Mitsubishi UFJ Financial Group Inc
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Capital Spending May Help Japan’s Economy to Grow at 1.7% in 2016
After sliding for two consecutive quarters, Japan’s economy has advanced 0.3% in 3Q15. This comes as a relief to the ailing Japanese economy.
Why the Matthews Japan Fund Was the Best-Performing Fund in 2015
The Matthews Japan Fund – Investor Class (MJFOX) fell 0.4% in December 2015 from the previous month. In the three- and six-month periods ended December 31, the fund rose 10.4% and fell 1.2%, respectively.
Japan Outperforms While Manufacturing Growth Is Muted
The flash reading for the Japan Manufacturing PMI deteriorated slightly in June. The index came in at 49.9 for June against May’s 50.9.
Abe’s ‘Third Arrow’ to Benefit Investors in Japanese Equity
Quantitative easing measures in Japan are making Japanese equity attractive. Abe’s third arrow of Abenomics should boost corporate profitability and, consequently, Japanese equity.
Overall Snapshot of the Market on November 25
On November 25, the SPDR S&P 500 ETF closed on a flat note ahead of the holiday. It closed at $209.3. The Energy Select Sector SPDR ETF fell by 0.81% on the day.
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.
Japanese Yen Rose on Positive GDP Numbers
The Japanese yen gained early on December 8, 2015, as GDP (gross domestic product) figures were upwardly revised.
Japan Outperforms Markets So Far this Year
So far, Abe’s policy has worked well for Japan. Japanese stocks are up by almost 70%— local currency—since late 2012, which coincides with the election of reformist Prime Minister Shinzo Abe.
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.
DXJF Is in a Bearish Trend
On December 11, 2015, DXJF closed at $25.57. This was below its 100-day, 50-day, and 20-day moving averages of $27.71, $27.39, and $27.47, respectively.
Japanese Financial ETF DXJF Is in a Bearish Trend in 2016
The WisdomTree Japan Hedged Financials (DXJF) seeks to provide exposure to the Japanese financial sector.
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.
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 Are the BoJ’s Projections for Economic Activity in Japan?
The Bank of Japan gave its economic outlook after the monetary policy meeting on July 29. The weak data are due to the slowdown in emerging economies.
Volatility in the Japanese Yen before the BoJ’s Meeting
The Japanese yen gained strength during mid-July due to growing uncertainties surrounding the BOE’s (Bank of England) monetary policy.
How the BlackRock Pacific Fund’s Portfolio Has Shifted in 2016
The BlackRock Pacific Fund uses a combination of bottom-up stock picking and top-down macro analysis while constructing its portfolio.
A Dismal YTD 2016 for the Fidelity Advisor Overseas Fund
The Fidelity Advisor Overseas Fund – Class A (FAOAX) is positioned for a consumption-driven upturn, and it has preferred tech stocks over financials.
Johnson & Johnson Led High-Grade Bond Market Last Week
Johnson & Johnson (JNJ) issued Aaa/AAA rated high-grade bonds worth $7.5 billion on February 25. US corporates dominated the primary market for high-grade bonds in the week ended February 26.
How Is FAIDX Doing following Its Tough Month in January?
The Fidelity Advisor International Discovery Fund – Class A (FAIDX) was launched in December 1986.
Performance Breakdown of the BlackRock Pacific Fund (MPCX)
In NAV (net asset value) terms, in the one-year period ending January 2016, the BlackRock Pacific Fund (MDPCX) came in seventh among our nine funds.
Meet the BlackRock Pacific Fund (MDPCX)
The BlackRock Pacific Fund (MDPCX) invests at least 80% of its net assets in equities of companies located in Far Eastern or Western Pacific countries.
A Performance Breakdown of the Invesco Pacific Growth Fund (TGRAX)
In NAV (net asset value) terms, in the one year period ending January 2016, Invesco Pacific Growth Fund (TGRAX) came in second place among our nine funds.
What Contributed to the Rise in Japanese Inflation in December?
The target inflation rate set by the B0J (Bank of Japan) stands at 2.0%. However, the December inflation is much lower than the target inflation rate.
Japanese Yen Expects a Strong Start in 2016
The BoJ made it clear that a strong yen isn’t something that it wants. The expectations of a strong yen are mainly due to the economy.
Japanese Yen Gains against the Dollar after BoJ’s Policy Release
The US dollar-Japanese yen currency pair is inversely related to the Japanese yen. It fell by more than 1% on December 18 after the BoJ’s monetary policy.
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.
The Fidelity Advisor International Discovery Fund – Class A (FAIDX)
The Fidelity Advisor International Discovery Fund – Class A (FAIDX) requires a minimum initial investment of $2,500. There is no minimum for additional investments.
Japanese Yen Fell Due to the Disappointing GDP
The US dollar-Japanese yen currency pair rose nearly 0.8% on November 16. The currency pair reached a high of 123.3 before closing for the day at 123.2.
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.
Assessing the Fidelity Japan Fund (FJPNX): Historical Overview
The Fidelity Japan Fund invests at least 80% of its assets in securities of Japanese issuers and other investments that are tied economically to Japan.
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.
What Investors Should Know about the T. Rowe Price Japan Fund
As of the end of July 2015, the T. Rowe Price Japan Fund (PRJPX) had assets worth $330.43 million. Its expense ratio is 1.05%, and it doesn’t charge a 12b-1 fee.
Asian Currencies Follow China’s Cue of Yuan Devaluation
The PBOC (People’s Bank of China) surprised markets and devalued their currency by 2% against the US dollar on the back of some weak data
DXJ and DBJP: Comparing Japan’s Hedged Equity ETFs
The WisdomTree Japan Hedged Equity ETF (DXJ) offers exposure to the Japanese equity market and hedges its risk of fluctuations between the US dollar and the Japanese yen.
Shinzo Abe’s Third Arrow: Structural Reforms to Boost Japan’s Growth
Abenomics is a three-pronged approach that Japanese Prime Minister Shinzo Abe likes to refer to as his “three arrows.”
Which Parts of Japan’s Economy Most Need Reform Right Now?
Japan needs to work on reducing the regulatory, political, and social barriers that hinder productivity and profitability in its economy.
