Today: Sep 14, 2024

Yen-Hedged ETF Suffers Exodus of Money From Lift-Business Fiasco

Yen-Hedged ETF Suffers Exodus of Money From Lift-Business Fiasco
August 13, 2024



Buyers spooked via the yen carry-trade blowup have pulled money from a Japan-focused inventory ETF that strips out strikes within the nation’s forex. The WisdomTree Japan Hedged Fairness Fund (ticker DXJ) noticed an outflow of greater than $400 million final week, probably the most since 2018, knowledge compiled via Bloomberg display. On the similar time, brief hobby as a proportion of stocks exceptional at the ETF rose to the best possible since Might, in line with knowledge from IHS Markit Ltd.

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