Last updated 04.26.2024
Last updated 04.26.2024
The Rayliant SMDAM Japan Equity ETF is an active strategy for pursuing growth in Japan’s stock market. The strategy applies research by Sumitomo-Mitsui DS Asset Management’s (SMDAM) large analyst team, deep local insights from the firm’s portfolio management team, along with input from Rayliant Asset Management’s cutting-edge quantitative models.
RAYJ
(as of 03/31/2024)
| 1-MO | 3-MO | 1Y | 3Y | 5Y | YTD | Since Inception (04.04.2024) | |
|---|---|---|---|---|---|---|---|
| NAV (%) | N/A | N/A | N/A | - | - | N/A | N/A |
| Market Price (%) | N/A | N/A | N/A | - | - | N/A | N/A |
The performance quoted represents past performance and does not guarantee future results. Performance for periods greater than 1 year is annualized. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost.
Current performance may be lower or higher than the performance quoted.
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. The returns shown do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn't available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. NAVs are calculated using prices as of 4:00 PM Eastern Time.
NAV
$23.91 Net Asset Value
NAV Change
-$0.11
Price
$24.09
Price Change
+$0.07
| Inception Date | 04.04.2024 |
| Ticker | RAYJ |
| Primary Exchange | NYSE |
| Net Expense Ratio* | 0.72% |
| CUSIP | 00775Y355 |
| Premium/Discount | 0.00% |
| 30-Day Median Bid/Ask Spread ¹ | 0% |
| Gross Expense Ratio* | 1.33% |
¹ 30-Day Median Bid/Ask Spread: The spread is calculated by identifying the ETF’s national best bid and national best offer ("NBBO") as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO.
The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.
* A full explanation of expenses and fees are stated in the prospectus. Fee waivers are contractual and in effect until January 31, 2026.
Rayliant SMDAM Japan Equity ETF (the “Fund”) seeks long-term capital appreciation.
|
Number of Days At: |
Q2 2024 |
|---|---|
| Premium | 10 |
| NAV | 1 |
| Discount | 6 |
The Premium/Discount History chart demonstrates the difference between the daily market price of shares of the Fund and the Fund’s net asset value (NAV).
The vertical axis of the chart shows the premium or discount of the daily market price as a percentage of the NAV. The horizontal axis shows each trading day in the time period, and each data point in the chart represents the Premium/Discount on that day. The data presented in the chart and table above represent past performance and cannot be used to predict future results.
(as of 04.26.2024) Holdings are subject to change.
| Ticker | Company Name | % of Net Assets |
|---|---|---|
| Cash | 0.21 % | |
| 2670 | ABC-MART INC | 3.67 % |
| 7936 | ASICS CORP | 2.85 % |
| 4568 | DAIICHI SANKYO CO LTD | 3.88 % |
| 6367 | DAIKIN INDUSTRIES LTD | 2.16 % |
| 6902 | DENSO CORP | 3.52 % |
| 6146 | DISCO CORP | 3.46 % |
| 6361 | EBARA CORP | 2.75 % |
| 9983 | FAST RETAILING CO LTD | 4.27 % |
| 6504 | FUJI ELECTRIC CO LTD | 3.16 % |
| 5803 | FUJIKURA LTD | 4.27 % |
| 6501 | HITACHI LTD | 2.91 % |
| 3774 | INTERNET INITIATIVE JAPAN | 2.91 % |
| 7012 | KAWASAKI HEAVY INDUSTRIES | 3.51 % |
| 1959 | KYUDENKO CORP | 3.38 % |
| 2585 | LIFEDRINK CO INC | 2.43 % |
| 9552 | M&A RESEARCH INS | 0.91 % |
| 5344 | MARUWA CO LTD | 3.57 % |
| 8058 | MITSUBISHI CORP | 5.63 % |
| 8306 | MITSUBISHI UFJ F | 5.13 % |
| 6701 | NEC CORP | 3.08 % |
| 4046 | OSAKA SODA CO LTD | 1.57 % |
| 7199 | PREMIUM GROUP CO LTD | 2.89 % |
| 4681 | RESORTTRUST INC | 3.02 % |
| 8136 | SANRIO CO LTD | 3.16 % |
| 3569 | SEIREN CO LTD | 2.89 % |
| 4063 | SHIN-ETSU CHEMICAL CO LTD | 3.38 % |
| 6088 | SIGMAXYZ HOLDINGS INC | 3.36 % |
| 6432 | TAKEUCHI MFG CO LTD | 2.97 % |
| 2875 | TOYO SUISAN KAISHA LTD | 3.49 % |
| 7203 | TOYOTA MOTOR CORP | 5.60 % |
