04-24 23:28
得空可以把EWJ和HEWJ做个对比分析,前者没对冲,后者对冲,但股票持仓是一样的。
当前股息率2.52%,
PE 13.59
PB 1.37
PS 0.86
基金的货币对冲手段是
选股:剔除80%营收都在日本的公司。更多的选择全球化的公司。
金融工具:远期货币合约或期货合约
原文:The Index applies an applicable published one-month currency forward rate to the total equity exposure to Japan to hedge against fluctuations in the relative value of the Japanese yen against the U.S. dollar. Forward currency contracts or futures contracts are used to offset the Fund’s exposure to the Japanese yen. The amount of forward contracts and futures contracts in the Fund is based on the aggregate exposure of the Fund and Index to the Japanese yen.
deepL机翻:
该指数将适用的公布的一个月货币远期汇率应用于日本的总股票风险,以对冲日元对美元的相对价值波动。远期货币合约或期货合约用于抵消基金的日元风险敞口。基金中远期合约和期货合约的数量基于基金和指数对日元的总风险敞口。
翻了几个PDF,
也没有找到具体的货币对冲成本。。。