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Investment Banking & Investment Services
Financials
ETF
NEXT FUNDS Topix-17 Financials (Ex Banks) ETF is an exchange traded fund launched and managed by Nomura Asset Management Co., Ltd. The fund invests in the public equity markets of Japan. It seeks to invest in the stocks of companies operating in the financial sector excluding the banking sector. The fund invests in the stocks of large-cap companies. It seeks to replicate the performance of the TOPIX-17 FINANCIALS (EX BANKS) Index, by investing in the stocks of companies as per their weightings in the index. NEXT FUNDS Topix-17 Financials (Ex Banks) ETF was formed on March 21, 2008 and is domiciled in Japan.
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