IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/31003.html
   My bibliography  Save this paper

Commodity ETFs in the Japanese Stock Exchanges

Author

Listed:
  • Yamori, Nobuyoshi

Abstract

The “Financial Big Bang” reforms during the latter half of the 1990s substantially transformed the Japanese financial system, but despite this, the level of risky assets that Japanese households have in their portfolio has not increased. One reason for this is the lack of knowledge necessary to invest in risky assets, such as stocks. Therefore, the Japanese government and financial industry have developed collective investment schemes such as investment trusts, which are an effective way to hold risky assets for retail investors who lack sophisticated investment knowledge. This paper analyzes commodity investment trusts and commodity ETFs as a method for investing in commodities.

Suggested Citation

  • Yamori, Nobuyoshi, 2011. "Commodity ETFs in the Japanese Stock Exchanges," MPRA Paper 31003, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:31003
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/31003/1/MPRA_paper_31003.pdf
    File Function: original version
    Download Restriction: no

    More about this item

    Keywords

    Commodity futures; ETF; Japan; Stock markets;

    JEL classification:

    • G29 - Financial Economics - - Financial Institutions and Services - - - Other
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:31003. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.