About DXJ ETF
The DXJ allows the investor to gain broad equity exposure to Japanese dividend-paying companies with an exporter tilt. Currency hedging mitigates exposure to fluctuations of the Japanese yen. An investment in this fund helps to maintain Japanese equity exposure while neutralizing currency fluctuations of the Japanese yen relative to the US dollar.
The fund is ideal for investors who believe that the yen will weaken against the dollar but still have a bullish outlook on Japanese equities.
About the Fund Manager:
WisdomTree launched its first Exchange Traded Funds in June of 2006 and is currently one of the largest Exchange Traded Product (ETP) sponsor in the U.S. WisdomTree offers ETPs covering domestic, international and global equities, fixed income, currencies, commodities and alternative strategies. WisdomTree pioneered the concept of fundamentally weighted ETFs and active ETFs and is currently an industry leader in both categories (as measured by assets under management).
Consumer Discretionary (24.42%), Industrials (20.65%), Financials (12.83%), Information Technology (11.27%), Materials (10.26%), Health Care (8.94%), Consumer Staples (8.69%), Communication (2.44%), Energy (0.30%), Utilities (0.20%)
100% of the portfolio is focussed on Japan.
The DXJ seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Equity Index. The fund is a 'pure play' on the performance of Japanese stocks, stripping out the impact of the yen and its changes in value.
1. Fund Factsheet
2. Top Currency Hedged ETFs
3. How Currency-Hedged ETFs Work