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2239

JPX
18,160 JPY
280
1.57%
Last update Jun 16, 3:24 PM JST
Main market
Day range
18,035
18,160
Previous close
17,880
Open
18,050
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Listed Index SPX Futures L2X Mutual Fund
18,160.00
280
1.57%

Overview

Description

The Listed Index SPX Futures L2X Mutual Fund is designed to provide investors with exposure to the S&P 500 Index through the strategic management of futures contracts. The primary purpose of this mutual fund is to track or exceed the performance of the S&P 500, the benchmark equity index representing the broad U.S. market. Notable for employing listed futures, it enables efficient portfolio management while enhancing liquidity and reducing transaction costs. The fund acts as a vital tool for investors seeking diversification and potential hedging opportunities within equity-focused portfolios. Its influence spans across various sectors, including technology, healthcare, and financial services, reflecting the diverse composition of the S&P 500. This mutual fund plays a significant role in offering ease of access to futures markets without the complexities typically associated with direct futures trading, thus attracting both retail and institutional investors. By integrating futures into mutual fund structures like the L2X, the asset provides a gateway to sophisticated investment strategies within a regulated framework, underlining its market significance.

About

Address
Phone
+81-3-6447-6000
Website
Instrument type
ETF
Country
Japan
MIC code
XJPX
Main market

Exchange is currently active.
Closing in 1 hour 17 minutes

14:12
00:00
09:00
15:30
23:59

Trading Hours (Monday - Friday):

Main market
09:00 - 15:30
All times are displayed in the Asia/Tokyo timezone (JST, UTC+09:00).