A One-Company ETF?

Japanese investors will have a unique ETF option coming in mid-July: a fund that invests only in one conglomerate. The fund will hold each of the 26 separately-listed Japanese companies owned or part-owned by the Mitsubishi Group, including Mitsubishi Motors (TYO:7211), Nippon Oil Corporation (TYO:5001), and Nikon (TYO:7731).pic54

This rare niche product is made possible by Japan’s unique cross-holding corporate structure, known as keiretsu, where large industrial businesses are affiliated through a common equity-holding lender.

The fund will be offered by Mitsubishi UFJ Financial Group.

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