Goldman Sachs ActiveBeta Japan Equity ETF
GSJY

$37.74

1.28%

Market Cap: 22.6M

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

119% more capital invested

Capital invested by funds: $8.45M [Q4 2023] → $18.5M (+$10M) [Q1 2024]

19.32% more ownership

Funds ownership: 20.0% [Q4 2023] → 39.32% (+19.32%) [Q1 2024]

0% more funds holding

Funds holding: 14 [Q4 2023] → 14 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

0% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 3

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Research analyst outlook

We haven’t received any recent analyst ratings for GSJY.

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Financial journalist opinion

Escape Velocity: Japan's Drift Toward Sustained Inflation

Japan has been struggling for some time to generate enough velocity in inflation to escape the gravitational pull of deflation. The story for the rest of 2024 and into 2025 is now centered on whether inflation will be sustained at the BOJ's 2% target.

Escape Velocity: Japan's Drift Toward Sustained Inflation

What's The Next Step For The Bank of Japan?

In March, the Bank of Japan abolished its 8-year-old negative interest rate policy, hiking rates for the first time in 17 years by raising its benchmark rate to 0-0.1%. To combat inflation while also avoiding an excessive surge in interest payments, the BOJ is considering passive quantitative tightening.

What's The Next Step For The Bank of Japan?

Mixed Japanese Data Supports BoJ's Policy Normalization

We'd rather downplay the weaker-than-expected manufacturing data and focus on a solid recovery in retail sales and a reacceleration in inflation, which will be welcomed by the Bank of Japan. Inflation has been quite choppy due to various government programmes and utility prices.

Mixed Japanese Data Supports BoJ's Policy Normalization

What Has Led To Japan's Come-Back?

By end-April 2024, Japanese equities had outperformed the FTSE All-World index over 12 months and in the year to date. Japan has undertaken significant structural corporate reforms in recent years.

What Has Led To Japan's Come-Back?

Weak Yen Unlikely To End Japan's Rally

A weak yen is unlikely to end the positive momentum in Japanese equities. The drivers of the recent rally remain, so we stay overweight Japanese stocks.

Weak Yen Unlikely To End Japan's Rally

Japanese Industrial Production Strengthens As Retail Sales Disappoint

March activity data was a mixed bag in Japan. Weak manufacturing weighed on growth in the first quarter of the year.

Japanese Industrial Production Strengthens As Retail Sales Disappoint

Can Japan's Stock Market Continue Its Record-Setting Run?

Japan's equity benchmark, the Nikkei 225 Index, has been on a tear in 2024, eclipsing its previous high set back in 1989. As of early April, the index is hovering near 40,000. Solid economic growth, a revamp in the country's tax-free stock investment program and corporate governance reform have helped propel Japanese equities to record highs.

Can Japan's Stock Market Continue Its Record-Setting Run?

The Bank of Japan's New Path Ahead

The Bank of Japan is set to normalise monetary policy when certain conditions are met, namely inflation, positive real cash earnings, and a recovery in domestic demand growth. We expect the window for normalisation to open from July for about a year before inflation begins to fall below 2%.

The Bank of Japan's New Path Ahead

End Of An Era - Bank of Japan Reverses Negative Interest Rate Policy

Kazuo Ueda becomes Governor of the Bank of Japan, continuing the loose monetary policies implemented by his predecessor. The BOJ raises short rates from -0.1% to 0.1%, becoming the last central bank to exit a Negative Interest Rate Policy.

End Of An Era - Bank of Japan Reverses Negative Interest Rate Policy

Flash Insights: Bank of Japan - A 'Watchful' Adjustment

The Bank of Japan raised interest rates for the first time since 2007 and has eliminated the yield curve control framework. According to the central bank, the virtuous cycle between wages and prices was assessed to have come into sight, bringing the 2% inflation target within a sustainable and stable possibility by the end of fiscal year 2025.

Flash Insights: Bank of Japan - A 'Watchful' Adjustment

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