Investing in Japan

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iShares Japan EWJ Fact Sheet

iShares MSCI Japan Index ETF (NYSE: EWJ) (EWJ: 12.29 0.00%)
Fact Sheet:

  • EWJ does not track/mirror the Nikkei 225 Stock Average, but rather the Morgan Stanley Capital International – Japan Index
  • EWJ has 364 stock holdings
  • EWJ consists primarily of large-cap stocks trading on the TSE TOPIX 1st Section
  • EWJ includes Toyota, MUFJ, Nintendo, Honda and Canon among its top-5 holdings
  • EWJ has 23% of assets in its top-10 holdings
  • EWJ is helped by a strong yen and hurt by a weak yen (see below)
  • EWJ may trade to the upside, even if the N225 was down, if the yen appreciates
  • EWJ is the most actively traded country-based ETF
  • EWJ is used as a proxy for investing in Japan by institutional and retail investors
  • EWJ has an expense ratio of 0.52%
  • EWJ has total next assets of over $8.1 billion
  • EWJ began trading in March 1996; it is listed on the NYSE
  • EWJ is optionable, but volume is typically light
  • EWJ can be shorted, but it may not be easy to

* Note: The above information is assumed accurate as of March 21, 2008, based on publicly available information.

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