Dallas, Texas 12/11/2013 (FINANCIALSTRENDS) – WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) is an exchange traded fund which is linked to market index performance. It has a market cap of $11.9 billion and has managed to post impressive returns over the past year to its share holders. This fund tracks its performance and returns against the results which were posted by WisdomTree Japan Hedged Equity Index.
WisdomTree Investment Philosophy
Fund WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) is designed to provide retail investors with the opportunity to invest in Japanese publicly traded companies and at the same time guard themselves against the relative erratic fluctuation in the movement of the Japanese currency Yen. This index has been designed to generate higher returns in comparison to any other investment vehicle which is not hedged to a currency. This fund is based on the WisdomTree Japan Dividend Index and has roped in the services of third party investment advisory firm WisdomTree Asset Management, Inc.
WisdomTree Returns & Track Record
WisdomTree Japan Hedged Equity Fund (NYSEARCA:DXJ) has been one of the top performing stocks among the exchange traded funds which are linked to the Japanese economy. It has managed to post a substantive 49.9 percent increase in the market value of the stock in the trailing 12 months. This increase in value has been slightly tapered when one considered the shorter time frame of a month or a quarter. In the previous quarter and the month, it has gained close to 5.3%. The fund has also been paying out regular dividends to its investors and has recorded a divided yield of 0.96 percent in the past year.
At current price points the stock of this ETF is just 7 percent lower than its prior 52 week high price points and is 50 percent higher than its prior 52 week low points.