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Today, Tokyo Stock Exchange, Inc. (TSE) listed "YOURMIRAI TOPIX Asia Focus ETF" (Code: 1562; also known as "TOPIX Asia Focus ETF") created by Sumitomo Mitsui Asset Management Company, Limited (SMAM). This is the first ETF created by the company.
The underlying indicator, "TOPIX Active in Asia Index", is comprised of 25 stocks selected by TSE from TOPIX 500 components based on criteria such as market capitalization and overseas sales performance in the Asia/Oceania region.
The "YOURMIRAI TOPIX Asia Focus ETF" invests in major Japanese listed companies with high sales performance in the region. As such, the ETF will facilitate investments in companies with high growth potential in the Asia/Oceania region.
Mr. Ryoji Maeda, President & CEO of SMAM, said "We are very honored to be able to list our first ETF on the TSE market. We hope that investors will view "YOURMIRAI TOPIX Asia Focus ETF" as an opportunity to contribute to economic growth in the Asia/Oceania region through Japanese stocks. SMAM will enhance wealth management services and offer a wide variety of products that satisfy customer needs to contribute to their asset growth".
Mr. Atsushi Saito, President & CEO of TSE, commented "TSE cordially welcomes the listing of YOURMIRAI TOPIX Asia Focus ETF. In addition, we are delighted to welcome SMAM, one of Japan's leading investment management companies, to our ETF market. TSE will continue working to diversify the ETF market and improve the convenience of our market for all investors to provide financial products that would brighten the future of investors, as implied in the product name, 'YOURMIRAI' (which means 'your future' in Japanese)".
| Ticker | Fund Name | Underlying Index | Trading Unit |
| 1562 | YOURMIRAI TOPIX Asia Focus ETF | TOPIX Active in Asia Index | 10 |
About Sumitomo Mitsui Asset Management Company, Limited
Launching the first ETF which invests in Japanese listed companies with significant Asian presence, Sumitomo Mitsui Asset Management (hereafter "SMAM") takes one more step into the future. Our ETF carries a brand name of "YOURMIRAI", "your future" in Japanese language, reflecting our management belief that the most important is client’s bright future, is showing SMAM’s strong commitment to contribute to client’s asset accumulation through skilled management of the Investment Trust funds and the ETF for the most important "YOURMIRAI (Your Future)".
With our mission statement of "Client Comes First", SMAM has been aiming to provide quality asset management services to our customers since the company was established in 2002. Making best use of our top-level research resources and product development capabilities, SMAM offers a wide variety of quality products with clearly defined investment style and sophisticated investment process that satisfy diversified investment needs of investors.
Specifically, in the area of Asia and China investments where SMAM expects strong growth potential, SMAM is renowned as a trailblazer and one of the leading companies in that field within the Japanese asset management industry. Our investment/research professionals located at Hong-Kong, Shanghai, and Tokyo have closely worked together over the years to build strong platform for investing in Asia region.
