The iSTOXX MUTB Japan Quality 150 index aims to capture the performance of quality companies with high profitability, low leverage and sustainable cash flows in Japan. The component selection is based on a combined ranking of four fundamentals ratios (return on equity, debt-to-capital, cash flow generation ability and business stability). Stocks need to fulfill minimum liquidity criteria before being added to the index.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Top 10 Components
|Shin-Etsu Chemical Co. Ltd.||Chemicals||JP|
|Fanuc Ltd.||Industrial Goods and Services||JP|
|SONY GROUP CORP.||Consumer Products and Services||JP|
|Keyence Corp.||Industrial Goods and Services||JP|
|Hoya Corp.||Health Care||JP|
|SMC Corp.||Industrial Goods and Services||JP|
|Nippon Telegraph & Telephone C||Telecommunications||JP|
|Daikin Industries Ltd.||Construction and Materials||JP|
|Murata Manufacturing Co. Ltd.||Technology||JP|
|Tokyo Electron Ltd.||Technology||JP|
New index designed for MUMSS targets Japan’s best performers in the low-carbon transition
The iSTOXX MUTB Japan Low Carbon Risk 30 Index tracks those Japanese companies with the best profile in terms of carbon emissions and carbon risk management, and additionally screens for quality characteristics including high profitability. The index, which expands STOXX’s collaboration with Japan’s Mitsubishi UFJ Trust and Banking Corporation (MUTB), will underlie an ETN to be listed by Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (MUMSS) in Tokyo.
Japan-focused low carbon STOXX index licensed to Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Qontigo has licensed the iSTOXX MUTB Japan Low Carbon Risk 30 Index to Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (MUMSS).