An opportunity for overseas bond ETFs in the mode of depreciation of the yen and global interest rate cuts! Introducing 3 new NISA stocks and 5 stocks denominated in US dollars, even if the annual return exceeds 20%
In Japan, where the depreciation of the yen is progressing, the Bank of Japan is measuring the timing of additional interest rate hikes, but outside of Japan, it is shifting to a mode of cutting interest rates globally,Foreign bond investmentsIsn't it okay to keep an eye on it?Among overseas bond ETFs, there are many stocks that have recently updated their high prices since listing。
The characteristic of bond investment compared to stocks is that while stable yields (dividends) can be obtained, price fluctuations are small, so expectations for price increases are slim. However, due to interest rate cutsSince bond prices rise when interest rates decline, not only conventional income gains, but also capital gains can be expected. Furthermore, in the futureIf the depreciation of the yen continues, exchange gains will also be added, so overseas bond ETFs are in an “unrivaled” stateThere is a possibility that it will
So, from 2023/7Stocks where the return on investment (annual dividend interest rate dividend+year-to-date gain/fall rate - trust remuneration) for the most recent 1 year has exceeded 10%I will pick it up. Of these,3 bond ETF stocks that can be invested under the new NISA growth investment quotaand5 monthly distribution dollar-denominated bond stocks listed on the US market (2 types: risk suppression type and high yield type)I will introduce it to you. Note, ETFs that use similar indicators pick up stocks with the best investment returns in the most recent 1 year.
The characteristic of bond investment compared to stocks is that while stable yields (dividends) can be obtained, price fluctuations are small, so expectations for price increases are slim. However, due to interest rate cutsSince bond prices rise when interest rates decline, not only conventional income gains, but also capital gains can be expected. Furthermore, in the futureIf the depreciation of the yen continues, exchange gains will also be added, so overseas bond ETFs are in an “unrivaled” stateThere is a possibility that it will
So, from 2023/7Stocks where the return on investment (annual dividend interest rate dividend+year-to-date gain/fall rate - trust remuneration) for the most recent 1 year has exceeded 10%I will pick it up. Of these,3 bond ETF stocks that can be invested under the new NISA growth investment quotaand5 monthly distribution dollar-denominated bond stocks listed on the US market (2 types: risk suppression type and high yield type)I will introduce it to you. Note, ETFs that use similar indicators pick up stocks with the best investment returns in the most recent 1 year.
◆ $NEXT FUNDS Emerg Bd JPM EMBI+ Unhdg ETF(2519.JP$：The return on investment in the last year was over 20%!
The official name is “NEXT FUNDS Emerging Markets Bonds · J.P. Morgan Emerging Market Bond Index Plus (no exchange rate hedging) linked exchange-traded fund”.
Brady bonds denominated in US dollars issued by emerging countries (US dollar-denominated bonds issued by emerging countries after debt restructuring,Measures such as guarantees by the United StatesIt is an index targeting loans and Eurobonds), and is linked to the “JP Morgan Emerging Market Bond Index Plus (yen equivalent)” published by JP Morgan Securities. As of the end of May, government bond securities from Qatar, Argentina, Ecuador, etc. have been incorporated.
The management company is Nomura Asset Management. Trust remuneration is around 0.209% including tax. Distribution payment record dates are March 7 and September 7. It was listed (set) in 2018/7, and the gain/fall rate since it was set was 38.6%, and 19.5% in the last 3 years (as of the end of May, reinvestment of distributions is assumed). The distribution per unit for the last 1 year was 49.3 yen,The yield is 4.40%. The rate of price increase and fall in the last 1 year was 16.24%。Last year's high was updated on 7/2Doing it.
The official name is “NEXT FUNDS Emerging Markets Bonds · J.P. Morgan Emerging Market Bond Index Plus (no exchange rate hedging) linked exchange-traded fund”.
Brady bonds denominated in US dollars issued by emerging countries (US dollar-denominated bonds issued by emerging countries after debt restructuring,Measures such as guarantees by the United StatesIt is an index targeting loans and Eurobonds), and is linked to the “JP Morgan Emerging Market Bond Index Plus (yen equivalent)” published by JP Morgan Securities. As of the end of May, government bond securities from Qatar, Argentina, Ecuador, etc. have been incorporated.
The management company is Nomura Asset Management. Trust remuneration is around 0.209% including tax. Distribution payment record dates are March 7 and September 7. It was listed (set) in 2018/7, and the gain/fall rate since it was set was 38.6%, and 19.5% in the last 3 years (as of the end of May, reinvestment of distributions is assumed). The distribution per unit for the last 1 year was 49.3 yen,The yield is 4.40%. The rate of price increase and fall in the last 1 year was 16.24%。Last year's high was updated on 7/2Doing it.
◆ $NEXT FUNDS Intl Bd FTSE WGBI exJP UH ETF(2511.JP$：Incorporate national bonds from major countries such as the United States and France
The official name is “NEXT FUNDS Foreign Bonds/FTSE World Government Bond Index (excluding Japan, no exchange rate hedging) linked exchange-traded fund”.
It is a bond index in which the overall return on government bonds of the world's major countries is weighted and averaged by the total market value of each market, and is linked to the “FTSE World Government Bond Index (excluding Japan, without hedging, yen basis)” published by FTSE Fixed Income. As of the end of May, US bonds, French government bonds, etc. were incorporated as the center, and the average final yield was 4.0%, and the average duration was 6.5 years.
The management company is Nomura Asset Management. Trust remuneration is around 0.132%. The record dates for distribution payments are on the 7th of March and September, respectively. It was listed (set) in 2017/12, and the gain/fall rate since it was set was 29.4%, and 17.8% in the last 3 years (as of the end of May, reinvestment of distributions is assumed). The distribution per unit for the most recent year was 31.7 yen, and the yield was 3.73%. The rate of increase or decrease in prices over the past year was 8.85%.The high price since listing was updated on 6/28Doing it.
The official name is “NEXT FUNDS Foreign Bonds/FTSE World Government Bond Index (excluding Japan, no exchange rate hedging) linked exchange-traded fund”.
It is a bond index in which the overall return on government bonds of the world's major countries is weighted and averaged by the total market value of each market, and is linked to the “FTSE World Government Bond Index (excluding Japan, without hedging, yen basis)” published by FTSE Fixed Income. As of the end of May, US bonds, French government bonds, etc. were incorporated as the center, and the average final yield was 4.0%, and the average duration was 6.5 years.
The management company is Nomura Asset Management. Trust remuneration is around 0.132%. The record dates for distribution payments are on the 7th of March and September, respectively. It was listed (set) in 2017/12, and the gain/fall rate since it was set was 29.4%, and 17.8% in the last 3 years (as of the end of May, reinvestment of distributions is assumed). The distribution per unit for the most recent year was 31.7 yen, and the yield was 3.73%. The rate of increase or decrease in prices over the past year was 8.85%.The high price since listing was updated on 6/28Doing it.
◆ $Listed Idx Fd Australian Gov Bd NoCcyHdg(2844.JP$：Excellent sense of stability with triple A rating of creditworthiness
It is linked to the “Bloomberg Australian Government Bonds (7-10 years) Index TTM (no exchange rate hedging, yen basis),” which indexes the comprehensive investment returns of Australian government bonds with a remaining period of 7 to 10 years. As of the end of June, the average final yield was 4.67%, and the average remaining period was 8.24 years. Australian government bonds are Moody's and S&PAwarded the highest triple A rating in creditworthinessDoing it.
The management company is Nikko Asset Management. Trust remuneration is around 0.121% including tax. The distribution payment record dates are the 10th of February, May, August, and November. It was listed (set) in February 2022, and the gain/fall rate since it was set was 12.22%, and in the last 1 year it was 12.64% (as of the end of May, assuming reinvestment of distributions). The distribution per unit for the most recent year was 207 yen, and the yield was 3.73%. The rate of increase or decrease in prices over the past year was 8.85%.
It is linked to the “Bloomberg Australian Government Bonds (7-10 years) Index TTM (no exchange rate hedging, yen basis),” which indexes the comprehensive investment returns of Australian government bonds with a remaining period of 7 to 10 years. As of the end of June, the average final yield was 4.67%, and the average remaining period was 8.24 years. Australian government bonds are Moody's and S&PAwarded the highest triple A rating in creditworthinessDoing it.
The management company is Nikko Asset Management. Trust remuneration is around 0.121% including tax. The distribution payment record dates are the 10th of February, May, August, and November. It was listed (set) in February 2022, and the gain/fall rate since it was set was 12.22%, and in the last 1 year it was 12.64% (as of the end of May, assuming reinvestment of distributions). The distribution per unit for the most recent year was 207 yen, and the yield was 3.73%. The rate of increase or decrease in prices over the past year was 8.85%.
There are also good return stocks for dollar-denominated ETFs in the US market.If the depreciation effect of the yen is added, further increases in returns can also be expected. It's not covered by the new NISA framework,Monthly dividend payments can be expectedIt's also attractive. Here,A return of 10% or more when denominated in dollarsI will pick up stocks that are there.
●An overseas bond ETF listed in the US that suppresses risk with bonds with short matures
◆ $SPDR Bloomberg Barclays Investment Grade Floating Rate ETF(FLRN.US$(SPDR Bloomberg Investment Eligible Variable Interest ETF):Incorporate variable interest bonds of less than 5 years
It is linked to the “Bloomberg US Dollar Variable Interest Bonds Under 5 Years Index,” which consists of dollar-denominated bonds that pay interest rates with a fixed spread added to the variable interest rate. As of the end of 23/12 for securities with a remaining period of 1 month or more but less than 5 years and an issue amount of 300 million dollars or moreInternational Bank for Reconstruction and Development bonds, European Bank for Reconstruction and Development (EBRD) bonds, etc.has been incorporated.
The management company is SPDR State Street Global Advisors. The management fee is around 0.15%. The record date for payment of distributions is at the beginning of every month. Listed in 2011/11, the average annual total return for the last 10 years was 2.00%, and 3.24% for the last 3 years (as of the end of March). The dividend yield for the last 1 year was 6.35%. The rate of increase or decrease in prices over the past year was 6.09%.Last year's high was updated on 7/1Doing it.
It is linked to the “Bloomberg US Dollar Variable Interest Bonds Under 5 Years Index,” which consists of dollar-denominated bonds that pay interest rates with a fixed spread added to the variable interest rate. As of the end of 23/12 for securities with a remaining period of 1 month or more but less than 5 years and an issue amount of 300 million dollars or moreInternational Bank for Reconstruction and Development bonds, European Bank for Reconstruction and Development (EBRD) bonds, etc.has been incorporated.
The management company is SPDR State Street Global Advisors. The management fee is around 0.15%. The record date for payment of distributions is at the beginning of every month. Listed in 2011/11, the average annual total return for the last 10 years was 2.00%, and 3.24% for the last 3 years (as of the end of March). The dividend yield for the last 1 year was 6.35%. The rate of increase or decrease in prices over the past year was 6.09%.Last year's high was updated on 7/1Doing it.
◆ $Jpmorgan Ultra-Short Income Etf(JPST.US$：Incorporate Japanese megabanks and Toyota dollar bonds
Using the “iCE/BofA 3-Month US Treasury Securities Index” as a benchmarkMainly investment grade US dollar-denominated bondsSo, we have formed a portfolio aiming for operation with a duration of 1 year or less. As of the end of 11/23,3. Dollar-denominated bonds from financial institutions and automobile manufacturers around the world, including Japan, such as Megabanks and Toyota Motor Corporationhas been incorporated.
The management company is JPMorgan Asset Management. The management fee is around 0.18%. The record date for payment of distributions is at the beginning of every month. Listed in 2017/5, the average annual total return since listing was 2.39%, and 2.42% in the last 5 years (as of the end of March). The dividend yield for the last 1 year was 5.64%. The rate of increase or decrease in prices over the past year was 5.59%.The high price since listing was updated on 7/1Doing it.
Using the “iCE/BofA 3-Month US Treasury Securities Index” as a benchmarkMainly investment grade US dollar-denominated bondsSo, we have formed a portfolio aiming for operation with a duration of 1 year or less. As of the end of 11/23,3. Dollar-denominated bonds from financial institutions and automobile manufacturers around the world, including Japan, such as Megabanks and Toyota Motor Corporationhas been incorporated.
The management company is JPMorgan Asset Management. The management fee is around 0.18%. The record date for payment of distributions is at the beginning of every month. Listed in 2017/5, the average annual total return since listing was 2.39%, and 2.42% in the last 5 years (as of the end of March). The dividend yield for the last 1 year was 5.64%. The rate of increase or decrease in prices over the past year was 5.59%.The high price since listing was updated on 7/1Doing it.
◆ $Short-Treasury Bond Ishares(SHV.US$：Linked to US short-term government bonds with excellent stability
Linked to the “ICE Short-Term US Treasury Bond Index,” which consists of US Treasury short-term securities of less than 1 yearI'm letting you do it.
The management company is Black Rock. The management fee is around 0.15%. The record date for payment of distributions is at the beginning of every month. It was listed in 2007/1, and the average annual total return since listing was 1.23%, and 1.91% in the last 5 years (as of the end of March). The dividend yield for the last 1 year was 5.53%. The rate of increase or decrease in prices over the past year was 4.85%.The high price since listing was updated on 7/1Doing it.
Linked to the “ICE Short-Term US Treasury Bond Index,” which consists of US Treasury short-term securities of less than 1 yearI'm letting you do it.
The management company is Black Rock. The management fee is around 0.15%. The record date for payment of distributions is at the beginning of every month. It was listed in 2007/1, and the average annual total return since listing was 1.23%, and 1.91% in the last 5 years (as of the end of March). The dividend yield for the last 1 year was 5.53%. The rate of increase or decrease in prices over the past year was 4.85%.The high price since listing was updated on 7/1Doing it.
●An overseas bond ETF listed in the US with an emphasis on high yields, that can aim for 8% with yield alone
◆ $Spdr Portfolio High Yield Bond Etf(SPHY.US$(SPDR Portfolio High Yield Bond ETF):The dividend interest rate yield is approximately 8%
It is linked to the “ICE · BofA · US High Yield Index,” which consists of US dollar-denominated bonds with an issuance amount of 250 million dollars or more, with an issuance period of 3 years or more and a remaining period of 1 year or more, with a rating of less than 1 year. As of the end of December '24US Federal Home Mortgage Bank (Fannie May) bonds, US Federal Home Finance Mortgage Bank (Freddy Mac) bonds, etc.has been incorporated.
The management company is SPDR State Street Global Advisors. The management fee is around 0.05%. The record date for payment of distributions is at the beginning of every month. Listed in 2012/6, the average annual total return for the last 10 years was 4.22%, and 2.32% for the last 3 years (as of the end of March). The dividend yield for the last 1 year was 8.49%. The rate of increase or decrease in prices over the past year was 9.14%.The high price since listing was updated on 6/12Doing it.
It is linked to the “ICE · BofA · US High Yield Index,” which consists of US dollar-denominated bonds with an issuance amount of 250 million dollars or more, with an issuance period of 3 years or more and a remaining period of 1 year or more, with a rating of less than 1 year. As of the end of December '24US Federal Home Mortgage Bank (Fannie May) bonds, US Federal Home Finance Mortgage Bank (Freddy Mac) bonds, etc.has been incorporated.
The management company is SPDR State Street Global Advisors. The management fee is around 0.05%. The record date for payment of distributions is at the beginning of every month. Listed in 2012/6, the average annual total return for the last 10 years was 4.22%, and 2.32% for the last 3 years (as of the end of March). The dividend yield for the last 1 year was 8.49%. The rate of increase or decrease in prices over the past year was 9.14%.The high price since listing was updated on 6/12Doing it.
◆ $VanEck Emerging Markets High Yield Bond ETF(HYEM.US$：The annual return is over 17%, and it is possible to invest from around 3000 yen
It is linked to the “iCE Bofa Diversified High Yield US Emerging Markets Corporate Plus Index (EMLH),” which consists of US dollar-denominated bonds from non-sovereign emerging country issuers that have received ratings below investment eligibility. As of the end of April, Industrial and Commercial Bank of China bonds, Argentina/Buenos Aires state bonds, China Communications Bank bonds, etc. have been incorporated.
The management company is Van Eck. The management fee is around 0.40%. The record date for payment of distributions is at the beginning of every month. Listed in 2012/5, the average annual total return since listing was 3.74%, and 1.59% in the last 5 years (as of the end of April). The dividend yield for the last 1 year was 6.64%. The rate of increase or decrease in prices over the past year was 11.07%. The minimum purchase amount is around 3000 yen.The high price since listing was updated on 6/25Doing it.
It is linked to the “iCE Bofa Diversified High Yield US Emerging Markets Corporate Plus Index (EMLH),” which consists of US dollar-denominated bonds from non-sovereign emerging country issuers that have received ratings below investment eligibility. As of the end of April, Industrial and Commercial Bank of China bonds, Argentina/Buenos Aires state bonds, China Communications Bank bonds, etc. have been incorporated.
The management company is Van Eck. The management fee is around 0.40%. The record date for payment of distributions is at the beginning of every month. Listed in 2012/5, the average annual total return since listing was 3.74%, and 1.59% in the last 5 years (as of the end of April). The dividend yield for the last 1 year was 6.64%. The rate of increase or decrease in prices over the past year was 11.07%. The minimum purchase amount is around 3000 yen.The high price since listing was updated on 6/25Doing it.
Currently, not only emerging countries, but also developed countries followed Switzerland in March and Sweden in May, and Canada and the EU switched to interest rate cuts in June. fundamentallyThe price of bonds rises significantly only when the underlying interest rate level falls due to speculation of interest rate cuts or interest rate cuts。
Seen from the opposite perspective, it means that if interest rates are not falling, there is a possibility that bond prices will rise significantly.Once interest rate declines subside, price increases cannot be expected. At the same time,As interest rates fall, so does the dividend yieldIt's going to be done.
Also,If the yen changes from depreciation to yen appreciation, there is a possibility that returns converted on a yen basis will decrease or become negativeThere is also one.
Furthermore,If interest rates reverse and rise, the price will fall, so it is also assumed that there will be a negative returnIt will be done. In addition to this, even though multiple stocks have been incorporated, it would be necessary to be aware of the credit risk of incorporated stocks in bond investments.
ー MooMoo News Mark
Source: Each management company's website, MINKABU, MOOMOO
Source: Each management company's website, MINKABU, MOOMOO
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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