First Trust Japan AlphaDEX Fund(FJP)

Pre77.060.000.00%07:35 EDT
77.06+0.51+0.67%

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      03-30

      Is the sharp drop in Japanese equities a buying opportunity?

      On March 30, Japanese equities weakened significantly. The Nikkei 225 Index closed down 2.79%, with deeper losses seen intraday, while the Topix Index also declined by around 2.9%. The market structure was highly concentrated, with heavyweight technology stocks dragging down the index. Advantest fell 5.19%, SoftBank Group dropped 6.31%, TDK declined 4.42%, Fanuc fell 4.22%, and Tokyo Electron also moved lower. These companies are concentrated in semiconductor equipment, electronic components, and automation, forming the core growth segment of the Japanese market. Due to the high concentration of weights, technology stocks had an outsized impact on the index. Advantest accounts for more than 12%, SoftBank over 5%, while TDK and Fanuc both exceed 2%. When these stocks correct simultaneously,
      Is the sharp drop in Japanese equities a buying opportunity?
      TOPAdamDavis: Dip might be a good entry lah, but check those ETF fees first![看涨]
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    • Company Profile

      Company Name
      First Trust Japan AlphaDEX Fund
      Market
      NASDAQ
      Establishment Date
      - -
      Employees
      - -
      Office Location
      - -
      Zip Code
      - -
      Phone
      - -
      Fax
      - -
      Introduction
      The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select stocks from the NASDAQ Japan Index (the "base index") that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
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      High
      77.39
      Open
      76.96
      Volume%
      1.15
      Low
      76.56
      Close
      76.55
      T/O Rate
      0.25%
       
       
       
       

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