Maxis Japan Proactive ETF Shows Persistent Price Discrepancy Since June 12
TOKYO, Jun 22 (Pulse News Wire) – Maxis Japan Proactive Investment In Physical And Human Capital 200 Index ETF (1485.T) reported a significant divergence between the benchmark price and market price of its MAXIS JAPAN Proactive Investment in Physical and Human Capital 200 Index ETF since June 12. Over seven consecutive trading days, the deviation exceeded 5%.
On June 12, the closing market price was ¥51,810 per share, while the benchmark price stood at ¥54,748, resulting in a discrepancy rate of 5.37%. Similar discrepancies persisted through June 22, with the latest figures showing a market price of ¥53,950 and a benchmark price of ¥58,595, leading to a deviation rate of 7.93%.
Investors are advised to exercise caution when trading the ETF due to the ongoing disparity caused by low trading volumes, which hinders effective arbitrage between the market and benchmark prices.
