NEXT FUNDS Nikkei 300 Index Exchange Traded Fund [1319.T]
TOKYO, Apr 30 (Pulse News Wire) – Next Funds Nikkei 300 Index Exchange Traded Fund (1319.T), reported a significant divergence between its benchmark price and trading prices on April 28. On that day, the benchmark price was ¥750 per share, while the market price stood at ¥700.
This marks seven consecutive trading days since April 20 during which the discrepancy exceeded 5%. Details of the divergence are as follows: | Date | Benchmark Price | Market Price | Deviation Rate | |------------|----------------|--------------|---------------| | Apr 20 | ¥752 | ¥701 | -6.88% | | Apr 21 | ¥750 | ¥700 | -6.73% | | Apr 22 | ¥746 | ¥700 | -6.18% | | Apr 23 | ¥740 | ¥685 | -7.47% | | Apr 24 | ¥740 | ¥685 | -7.45% | | Apr 27 | ¥743 | ¥685 | -7.76% | | Apr 28 | ¥750 | ¥700 | -6.66% | The company attributes the divergence primarily to market supply and demand dynamics.
Improved liquidity could potentially resolve the issue moving forward. Investors are advised to carefully consider the price discrepancy when trading the ETF.
🟢 Confidence: High AI-translated content.