Market News

Jul. 15, 2015 TSE Listing of Rakuten Investment Management's First ETFs ~Rakuten ETF-Nikkei 225 Leveraged Index~ ~Rakuten ETF-Nikkei 225 Double Inverse Index~

Today, Tokyo Stock Exchange, Inc. (TSE) announced the listings of "Rakuten ETF-Nikkei 225 Leveraged Index" (Code: 1458) and "Rakuten ETF-Nikkei 225 Double Inverse Index" (Code: 1459), managed by Rakuten Investment Management, Inc., on the TSE market.

Issue Name, Indicator, etc.

These are the first ETFs managed by Rakuten Investment Management, Inc., an asset management company under the Rakuten Group, which provides a broad range of web-based services including Japan’s largest Internet shopping mall of "Rakuten Ichiba", Internet banking, and online securities services.

The ETFs aim to track the Nikkei 225 Leveraged Index, whose daily performance will be calculated as twice the Nikkei 225 Index's performance, and the Nikkei 225 Double Inverse Index, whose daily performance will be calculated as minus two times the Nikkei 225 Index's performance. The ETFs are designed to produce greater returns than the Nikkei 225 Index in an uptrend in case of the leveraged ETF, or downtrend in the case of the inverse ETF. Leveraged and inverse ETFs are popular among individual investors.

The listing ceremony for the ETFs was held at Tokyo Stock Exchange today with related parties in attendance.

Mr. Toru Irokawa, CEO of Rakuten Investment Management commented, "We are pleased to list our first ETF products on the TSE market. Our leveraged bull/bear funds are very popular among retail investors in the unlisted investment trust area, and at this time we start ETF management and provide low cost investment tools in such a product category. We continue to develop innovative ETFs, thus empower investors to enjoy fruit of investment solutions."

TSE President & CEO Koichiro Miyahara commented "We would like to extend a warm welcome to the new listings of the Rakuten ETF-Nikkei 225 Leveraged Index and Rakuten ETF-Nikkei 225 Double Inverse Index. We are also glad that Rakuten Investment Management, Inc. has newly entered our ETF market. We will continue working to develop the ETF market to meet investor’s rising expectations for ETFs."

About Rakuten Investment Management, Inc.

Rakuten Group’s corporate mission is to empower people and society through the internet. Rakuten Investment Management, Inc., an asset management arm of Rakuten Group, also aims to “empower” investors, especially individual investors, by providing them with intelligently-selected, innovative and cost-efficient investment products to be chosen in a well-informed manner under the technological innovation and deregulation. In other words, our mission is to offer investors, in form of Investment Trusts, with 1.highly sophisticated but easy-to-understand investment products to generate long-term investment profit or 2.investment tools to meet variety of investors’ demand, through the employment of cutting-edge financial technology and infrastructure.
We believe that there is still much room to “empower” individual investors in Japanese asset management industry. We will continue to enhance our capabilities and provide various investment solutions, from individual investors’ perspective, to “empower” them in more extensive and robust way.

http://www.rakuten-toushin.co.jp/