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Nomura Floats Thai Stock ETF

Nomura Asset Management has unveiled the NEXT FUNDS Thai Stock SET50 Exchange Traded Fund on the Tokyo Stock Exchange.

Nomura Asset Management has unveiled the NEXT FUNDS Thai Stock SET50 Exchange Traded Fund on the Tokyo Stock Exchange. The ETF is designed to track the performance of the SET50 Index, calculated by the Stock Exchange of Thailand.

The fund directly holds a portfolio comprising Thai stocks, which includes depositary receipts. The ETF will provide Japanese retail and institutional investors with a channel to benefit from Thailand’s growing economy and allow investors in Japan to include

Thai equities in their portfolios.

Click here for the release from Nomura.

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