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
|Tokio Marine Holdings Inc.||Insurance||JP|
|Japan Tobacco Inc.||Food, Beverage and Tobacco||JP|
|Nippon Telegraph & Telephone C||Telecommunications||JP|
|Murata Manufacturing Co. Ltd.||Technology||JP|
|Mitsui & Co. Ltd.||Industrial Goods and Services||JP|
|Marubeni Corp.||Industrial Goods and Services||JP|
|Fast Retailing Co. Ltd.||Retail||JP|
|Mitsubishi Corp.||Industrial Goods and Services||JP|
|Fanuc Ltd.||Industrial Goods and Services||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).