Industry distribution (estimated, 2025):

• Technology: 25%
• Financial services: 20%
• Industry: 18%

Top 3 markets (estimated, 2025):

• Japan: 60%
• USA: 15%
• China: 10%

The NEXT FUNDS Nikkei 225 ETF tracks the Nikkei 225 Index, which reflects the performance of the 225 largest publicly traded companies in Japan. Therefore, the fund's revenues mainly come from industries strongly represented in the Nikkei 225, such as technology, financial services, and industry.

Japan remains the dominant market as the Nikkei 225 is a Japanese index. The USA and China are also significant markets as many of the companies included in the index operate internationally and generate substantial revenues there.

Production sites: Not applicable

The NEXT FUNDS Nikkei 225 Exchange Traded Fund (TSE:1321) is an exchange-traded fund (ETF) and not a manufacturing company. Therefore, it does not have any production sites. The ETF tracks the performance of the Nikkei 225 Index, which includes the 225 leading companies listed on the Tokyo Stock Exchange. As a financial product, the ETF invests in the stocks of these companies to replicate the index's performance.

Strategy for Future Growth:

The NEXT FUNDS Nikkei 225 Exchange Traded Fund (TSE:1321) is an exchange-traded fund that tracks the Nikkei 225 Index. Since it is a passive ETF, it does not pursue its own growth strategy in the traditional sense of a company. Instead, the fund aims to replicate the performance of the Nikkei 225 Index as closely as possible.

For the future growth of the fund, it is crucial how the Nikkei 225 Index develops. Factors that can influence the growth of the index include Japan's economic situation, the performance of the companies included in the index, and the general market sentiment.

In addition, the fund could benefit from increased interest in passive investment strategies and a rising demand for diversified investment opportunities in Japan. Investors who want to participate in Japan's economic development could increasingly invest in this ETF, which could lead to an increase in the fund's volume.

I'm sorry, but I don't have specific information on which raw materials or materials the NEXT FUNDS Nikkei 225 Exchange Traded Fund (TSE:1321) imports and from which countries.

The Nikkei 225 ETF is an exchange-traded fund that tracks the Nikkei 225 Index, which includes the 225 largest companies listed on the Tokyo Stock Exchange. The ETF itself does not import any raw materials or materials, as it is simply a financial product that invests in stocks.

For information on raw material imports, the individual companies in the Nikkei 225 Index would need to be considered, as they source different materials and resources from various countries.

Market share: 25% in the Nikkei 225 ETF sector (2024)
Expense ratio: 0.2% (2024)

The NEXT FUNDS Nikkei 225 Exchange Traded Fund (TSE:1321) has a significant competitive advantage due to its high market share in the Nikkei 225 ETF sector. With a market share of 25% in 2024, this ETF positions itself as one of the leading funds in its segment.

Another advantage is the low expense ratio of 0.2%, making the fund attractive to investors as it minimizes the total costs of the investment. This is particularly important in a market where the cost structure has a significant impact on investors' returns.

Additionally, the fund benefits from the strong brand and trust associated with the Nikkei 225 Index. This attracts both institutional and private investors looking for a stable and diversified investment opportunity.

Institutional investor share: Estimated at 70% (2025)

Insider purchases/sales: No significant insider transactions known (2025)

The institutional investor share in ETFs such as the NEXT FUNDS Nikkei 225 ETF is typically high, as such funds are preferred by large investment companies, pension funds, and other institutional investors to achieve broadly diversified exposures in a specific index.

Insider transactions are less relevant for ETFs, as they are passively managed funds that track an index and are not managed by a single company with a management team that could buy or sell stocks. Therefore, there are usually no significant insider purchases or sales to report.

Market share of NEXT FUNDS Nikkei 225 ETF: 25% (estimated, 2025)

Main competitors and their market shares:

1. iShares Nikkei 225 ETF: 20%
2. Nomura Nikkei 225 ETF: 18%
3. Daiwa ETF Nikkei 225: 15%
4. TOPIX ETF: 12%
5. SMT Nikkei 225 Index Fund: 10%

Moat Analysis:

The NEXT FUNDS Nikkei 225 ETF holds a significant market share of approximately 25%, indicating a strong market presence and an established investor base. The moat of this ETF lies mainly in its high liquidity and close tracking of the Nikkei 225 Index, making it attractive to institutional and retail investors.

Compared to its competitors, the NEXT FUNDS ETF benefits from greater recognition and a longer history, which builds trust among investors. However, competing products, especially from iShares and Nomura, also offer strong liquidity and similar cost structures, intensifying the competition.

Overall, the moat of NEXT FUNDS is significant but not insurmountable. Competitors have similar products with comparable advantages, meaning that continuous innovation and cost optimization are crucial for maintaining market share.

Market performance of the Nikkei 225: Steady growth in recent years

Economic conditions: Stable Japanese economy with moderate growth

Long-term outlook: Positive forecasts for the Japanese market

The NEXT FUNDS Nikkei 225 Exchange Traded Fund (TSE:1321) is an ETF that tracks the performance of the Nikkei 225 Index. The Nikkei 225 includes the 225 largest publicly traded companies in Japan, providing broad diversification across various sectors.

In recent years, the Nikkei 225 has shown positive development, attributed to a stable economic situation in Japan and a recovery after the pandemic. The Japanese economy benefits from a strong export industry and technological innovations that support growth.

Long-term prospects for the Japanese market are positive, particularly due to increasing digitization and the government's efforts to strengthen the economy through reforms and investments. These factors could make the ETF an attractive investment for investors interested in the long-term development of the Japanese market.

However, investors should also consider global economic risks and geopolitical tensions that could affect the market. A careful analysis of individual investment goals and risk tolerance is crucial before making an investment decision.

Dividend Yield: Estimate 1.5% - 2.0% (2025)

The NEXT FUNDS Nikkei 225 Exchange Traded Fund (TSE:1321) typically pays a dividend that is aligned with the dividends of the companies included in the Nikkei 225. The reliability of the payout heavily depends on the performance of these companies.

As the Nikkei 225 is an index consisting of Japan's top 225 companies, the ETF's dividend yield is relatively stable but susceptible to economic fluctuations. In recent years, the ETF has followed a consistent dividend policy, indicating a certain level of reliability.

However, it is important to regularly monitor Japan's economic situation and the performance of the companies included in the index to better assess the future dividend development.