Daiwa Asset Management will launch a new fund, “A Step Ahead: Defense Tech—Japanese Equity Index,” on 4 September 2026. The fund will seek to track the Mirae Asset Japan Defense Tech Index. The related ETF is Global X Defense Tech—Japan Equity ETF (ticker: 513A).
Daiwa Asset Management will launch the new fund “A Step Ahead: Defense Tech—Japanese Equity Index” on 4 September 2026. The fund will be offered as part of a series designed to support novice investors as they advance their investment experience, and will seek to track the target index.
The fund will focus on Japanese defense tech-related stocks against a backdrop of rising geopolitical risks, with the objective of tracking the Mirae Asset Japan Defense Tech Index (including dividends). The index is characterized by constituents including companies involved in cybersecurity and advanced defense technologies, as well as major suppliers.
The fund’s expenses have been disclosed as up to 0.7315% per annum, including tax. The distributors will be SBI Securities, Rakuten Securities and Monex Securities. The fund is also designated as eligible for the NISA Growth Investment Allowance, although availability may vary depending on the account.