Chart of the Month
Foreign purchases into Japanese equities have lagged the performance of the stock market in recent years; these purchases could pick up.
Past performance is no guarantee of future results. The performance shown above for the Nikkei 225 is index performance and is not representative of any fund’s performance. Indices are unmanaged and not available for direct investment.
Nikkei 225 Index, commonly known as the Nikkei Index, is a price-weighted index for Tokyo Stock Exchange. | Sources: SG Cross Asset Research, Bloomberg
Stat of the Month
Data Source: CBOE.com, 8/17. Volatility is measured by the Chicago Board Options Exchange (CBOE) Emerging Markets ETF Volatility Index. The Index value was 14.5 on 7/31/17 versus its 2-year average value of 24. The VIX Index methodology is applied to the options prices of the respective underlying ETF to measure the market expectations of near-term volatility. VIX levels below 20 reflect complacency, while levels of 40 or higher reflect extremely high levels of volatility and fear.