Unit Trust Type Investment

[Big_Mack]

Hi There,

Any advice on unit Trust investment in Japan?

Does it exist? English service being ideal.

[RetireJapan]

Not sure what you mean. Can you provide an example?

[RetireJapan]

Seems like this is just another name for a mutual fund? Japan has both mutual funds (投資信託) and ETFs. The former is quite competitive now and there are many low-cost products available.

[Big_Mack]

Seems like this is just another name for a mutual fund? Japan has both mutual funds (投資信託) and ETFs. The former is quite competitive now and there are many low-cost products available.

Ah, let me investigate this a little more.

Here is a link to a company that I'm familiar with and am trying to find similar in Japan.

https://www.allangray.com/

[RetireJapan]

Okay, that looks like a hedge fund to me, albeit with slightly better fees. Not aware of anything in Japan, although I presume there may be companies willing to do business with Japanese residents.

Anyone else?

[Sybil]

A unit trust is British English for a mutual fund (American English).

[denbushi]

Found this just now, which may be of interest to readers of this thread.

https://en.wikipedia.org/wiki/Investment_trust

[bushidobryan]

Like UIT's in the USA? I would stay away from them, now that ETFs exist and you can buy directly into the private markets now.
If it is a UIT in the USA, then I would steer towards the ETFs RPG and DGRW in the USA(only if you have a 10 years investment horizon and want growth).

[TokyoWart]

Some of the largest ETF's in the US (SPY, QQQ) are organized as Unit Investment Trusts.

https://etfdb.com/2014/unit-investment- ... -are-they/

If I remember the origination story of SPY correctly from the series "The ETF Story" the UIT structure was chosen because it protects investors against unrealized capital gains. It does require setting a termination date but that makes little difference if you set it a hundred years or more in advance as that link shows.