What is a good way to get into the US market index funds but NOT have currency risk. Ie I don't want to have my investment fluctuate like JPYUSD so are there funds that hedge out FX and only track US stock index ?
I have rakuten account btw
Good way to use JPY to buy SP500 index
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Re: Good way to use JPY to buy SP500 index
I found a Japan-listed hedged S&P500 ETF with reasonable fees the other day: https://www.blackrock.com/jp/individual ... 0-etf-fund
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eMaxis Slim Shady
eMaxis Slim Shady
Re: Good way to use JPY to buy SP500 index
You can't buy the S&P 500 in JPY without currency risk, because the S&P 500 is in USD.
You can try to hedge the risk, but that just makes the investment behave more like a Japanese one.
You can try to hedge the risk, but that just makes the investment behave more like a Japanese one.
Re: Good way to use JPY to buy SP500 index
https://www.am.mufg.jp/smp/fund/index.php?fundcd=182630
https://www.nikkoam.com/products/etf/lineup/sp500-hedge
https://nextfunds.jp/lineup/2634/
https://www.jpx.co.jp/equities/products ... 2521-j.pdf
https://www.sbisec.co.jp/ETGate/WPLETsi ... e_code=TKY
https://www.nikkei.com/nkd/fund/?fcode=48311206
https://www.nikkei.com/nkd/fund/?fcode=03313212
https://www.a-tm.co.jp/top/securities/i ... /48311206/
The point of a Hedged Fund would be to only reflect the change in the Index, and not any change in the exchange rate from the time of purchase of the units.
You might want to purchase FX Unhedged Units if you expect the Yen to weaken in order to take advantage of the Yen Value Increase due to the weakening Yen, but you might want to purchase FX Hedged Units if you expect the Yen to strenghten significantly in order to protect you from any Yen Value Decrease due to the strengthening Yen.
https://www.nli-research.co.jp/report/d ... 2&site=nli
https://www.nikkoam.com/products/etf/lineup/sp500-hedge
https://nextfunds.jp/lineup/2634/
https://www.jpx.co.jp/equities/products ... 2521-j.pdf
https://www.sbisec.co.jp/ETGate/WPLETsi ... e_code=TKY
https://www.nikkei.com/nkd/fund/?fcode=48311206
https://www.nikkei.com/nkd/fund/?fcode=03313212
https://www.a-tm.co.jp/top/securities/i ... /48311206/
The point of a Hedged Fund would be to only reflect the change in the Index, and not any change in the exchange rate from the time of purchase of the units.
You might want to purchase FX Unhedged Units if you expect the Yen to weaken in order to take advantage of the Yen Value Increase due to the weakening Yen, but you might want to purchase FX Hedged Units if you expect the Yen to strenghten significantly in order to protect you from any Yen Value Decrease due to the strengthening Yen.
https://www.nli-research.co.jp/report/d ... 2&site=nli
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:
This Guide to Japanese Taxes, English and Japanese Tai-Yaku 対訳, is now a little dated:
https://zaik.jp/books/472-4
The Publisher is not planning to publish an update for '23 Tax Season.
:
This Guide to Japanese Taxes, English and Japanese Tai-Yaku 対訳, is now a little dated:
https://zaik.jp/books/472-4
The Publisher is not planning to publish an update for '23 Tax Season.