TSE News

TSE to Expand "TSE Indicative NAV"(ETN) Lineup

Update : Oct. 04, 2013

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[Tokyo Stock Exchange, Inc.]

Beginning Nov. 5, 2013, Tokyo Stock Exchange, Inc. (TSE) will begin calculating and publishing Indicative Net Asset Value (Indicative NAV) in real time for the ETNs below.

1. Additions

Code ETN Fund Administrator
2040 NEXT NOTES DJIA PR JPY-Monthly Hedged Leveraged (x2) ETN Nomura Europe Finance N.V.
2041 NEXT NOTES DJIA TR JPY-Monthly Hedged Inverse (x1) ETN Nomura Europe Finance N.V.
2042 NEXT NOTES Tokyo Stock Exchange Mothers Index ETN Nomura Europe Finance N.V.
  • (*1) The Indicative NAV for ETNs will be calculated using per security redemption value of the underlying securities, which are the trust assets of the ETNs, adjusted based on the intraday prices of the constituents of the assets that comprise the relevant indicator. This differs from the calculation method for ETFs, which uses market prices of the portfolio actually held by the fund.
  • (*2) With regard to "NEXT NOTES DJIA PR JPY-Monthly Hedged Leveraged (x2) ETN (2040)" and "NEXT NOTES DJIA TR JPY-Monthly Hedged Inverse (x1) ETN (2041)," the Indicative NAV will be calculated using per security redemption value (in yen) of the underlying securities, which are the trust assets of the ETN, adjusted based on rates of changes between the closing price of the target indicator on the previous business day and that on the day before such day. As such, the value is calculated and published on a daily basis.

2. Indicative NAV Values and PCF Information

TSE Indicative NAV values and PCF Information can be found on the website below.

3. ETF・ETN list

ETF・ETN list PDF

4. Reference

Contact

(General Inquiries on Indicative NAV)
Information Services Department.
TEL: +81-50-3377-7754
e-mail:index@tse.or.jp
(Market Information System)
Market Information Desk, IT Development Department
TEL: +81-50-3377-7805
e-mail:mainscall@tse.or.jp

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