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ZJPN

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    40.579$
  • Previous Close
    40.8366$
  • 52 Week Change
    --
  • Day Range
    -0.26$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

ZJPN.TO represents the Horizons Japan Active ETF. This exchange-traded fund (ETF) aims to achieve long-term capital appreciation by investing primarily in equity securities of Japanese companies. It employs an active management strategy, meaning the fund manager selects investments with the goal of outperforming a specified benchmark index, rather than simply tracking the index. The ETF trades on the Toronto Stock Exchange (TSX).
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Factors

Japanese Stock Market Performance: The underlying index tracks Japanese equities, so overall performance directly impacts the ETF's price.

Yen/CAD Exchange Rate: Since the ETF holds Japanese assets but is traded in CAD, fluctuations in the Yen/CAD exchange rate affect its value.

Investor Demand: Increased demand pushes the price up, while selling pressure lowers it.

Management Fees: The ETF's expense ratio reduces returns, impacting its overall price over time.

Tracking Error: Imperfect replication of the underlying index can cause price deviations.

Global Economic Conditions: Broad economic trends influence investor sentiment towards Japanese equities.

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