News Marathon 9: Press Release: East Japan Bank to Begin Selling Japan Investment Trust Management Co.-managed “Japan Good Dividend Rebalance Open”May 30th, 2005 by Adamu |
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This is to inform that East Japan Bank will begin selling Japan Investment Trust Management Co.-managed “Japan Good Dividend Rebalance Open”.
The money management fund “Japan Good Dividend Rebalance Open” is a fund operating with the objective of bringing equal-weighted investments by ranking the Nikkei 500 stocks used in the average in order of highest predicted dividend earnings yield, and using the top 70 brands as investment targets.
(1) Using stocks on the market in Japan’s securities markets, the fund operates with the proactive goal of developing trust funds.
(2) In operation, the fund ranks the Nikkei 500 stocks used in the average in order of highest predicted dividend earnings yield and uses the top 70 brands as investment targets.
(3) In investments, we operate fund allocation to each brand with the goal of always bringing equal-weighted investments. However, depending on the scale of trust funds, stock price changes of capitalized brands, and wether the trust funds have entered redemption reserves the fund may not be equal-weighted investments.
(4) The fund will undertake review of the capitalized brands and adjustment of the capitalization ratio (rebalance) once a month.
(5) The fund will undertake a closing of accounts 4 times a year (the 7th of Jan., Apr., July, and Oct. (when that day is a holiday it will be done on the next business day) and shall as a rule pay dividends at those times. The dividend amount of the January account settlement shall be decided based on the baseline price standard if the baseline price is above the initial principal.
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