RetireJapan

Hi There,

Any advice on unit Trust investment in Japan?

Does it exist? English service being ideal.

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

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.

RetireJapan wrote: ↑Mon Sep 02, 2019 4:14 am 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/

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?

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

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

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

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).

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.