The market value of the Bank of Japan’s holdings of exchange-traded funds reached a record high at the end of September, according to its first financial statement since deciding to start offloading the assets. https://www.japantimes.co.jp/business/2025/11/27/boj-gains-from-etf-holdings/?utm_medium=Social&utm_source=mastodon #business #boj #etf #stocks #japaneseeconomy
@david_chisnall @samir @mawhrin @GossiTheDog
If they include book-keeping and junk or fast-food, I'm in too!
@david_chisnall @samir @mawhrin @GossiTheDog
What a rabbit-hole.
It turns out there are several of these "vice funds". Some include gaming, which I think is in keeping with my broader view of including junk-food and gambling.
Genius. I can easily see this genre outperforming the market during a downturn.
Now I just need to learn how to buy a stock and/or share (although for the record I do tend toward the views of Maynard Keynes and Bogle on the subject of share prices).
The Bank of Japan's century-long plan to offload its massive holdings of exchange-traded funds is meant to remove a large overhang that threatens the Japanese equity market. https://www.japantimes.co.jp/business/2025/09/23/markets/boj-etfs-sell-down/?utm_medium=Social&utm_source=mastodon #business #markets #boj #etf #stocks #kazuoueda
The Bank of Japan finished selling millions of dollars of stocks it bought from besieged banks during a domestic banking crisis in the early 2000s and the later Lehman Shock. https://www.japantimes.co.jp/business/2025/07/14/boj-offload-bank-stock-etf/?utm_medium=Social&utm_source=mastodon #business #boj #etf
Forming an exchange-traded fund just got easier in Japan with the launch of a white-label service, in which much of the work will be done for the fund manager. https://www.japantimes.co.jp/business/2025/07/04/markets/white-label-etf/?utm_medium=Social&utm_source=mastodon #business #markets #tse #stocks #investments #etf #boj