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Investment Banking & Investment Services
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ETF
Daiwa ETF Japan TOPIX Double Inverse (-2x) Index is an exchange traded fund launched and managed by Daiwa Asset Management Co. Ltd. The fund invests in the public equity markets of Japan. It takes short positions and uses derivatives such as futures to invest in the stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap companies. It seeks to replicate the performance of the TOPIX Double Inverse (-2x) Index, by investing in the stocks of companies as per their weightings in the index. The index seeks to track twice the inverse of the daily performance of the TOPIX (Price Return) Index. Daiwa ETF Japan TOPIX Double Inverse (-2x) Index was formed on January 6, 2015 and is domiciled in Japan.
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