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Nomura Debuts Japan ETF Days After First Fund Conversions
Nomura Asset Management launched an actively managed Japan equity ETF Thursday, days after converting two mutual funds into ETFs. Key Takeaways: Monday’s conversions created SMDC, a small- and midcap stock fund, and MFIX, a multisector bond fund. Tokyo-based Nomura Asset Management Co. builds the model portfolio, setting sector weights before picking individual stocks. A 0.49% [...] The post Nomura Debuts Japan ETF Days After First Fund Conversions appeared first on ETF Trends .
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