WisdomTree Japan Multifactor Fund
JNMF
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Jan 7, 2016
- CIK
- 0001350487
- Similar Companies
- Business
- WisdomTree Japan Multifactor Fund (JNMF) is an actively managed exchange-traded fund that seeks income and capital appreciation by investing primarily in Japanese equity securities selected based on proprietary multifactor measures of value, quality, momentum, and correlation. The fund employs a systematic, model-based approach to construct its portfolio from Japanese companies across diversified market capitalizations, incorporating non-U.S. component stocks, American Depositary Receipts (ADRs), U.S. exchange-listed equity ETFs, cash equivalents, and over-the-counter currency swaps for dynamic hedging of Japanese yen fluctuations against the U.S. dollar at ratios ranging from 0% to 100%; it adjusts hedge levels weekly using signals such as interest rate differentials, momentum, and value factors. Holdings emphasize equities with the highest composite multifactor scores, targeting enhanced returns while managing currency risk, and the fund complies with generic listing standards for managed fund shares on U.S. exchanges. Operated within the international equity segment of the ETF industry, JNMF focuses on the Japanese stock market as its primary target, serving institutional and retail investors seeking exposure to Japan with multifactor enhancement and yen hedging. Geographic operations are centered on Japanese equities domiciled in Japan, with U.S.-listed trading and management. The fund is issued by WisdomTree Trust, part of WisdomTree Investments, Inc., which was founded in 1985 and is headquartered in New York, New York. In recent developments, WisdomTree Investments completed the acquisition of Ceres Partners, LLC, a U.S.-based farmland investment platform, on October 2, 2025, marking its entry into private markets and expanding beyond ETFs into real assets like farmland for diversification and income potential. This strategic move complements WisdomTree's ongoing ETF innovations, including multifactor strategies like JNMF, amid a broader 2024-2025 focus on capital deployment, stock buybacks, and partnerships to drive growth in public and private asset classes. No specific product launches, funding rounds, or reorganizations were reported for JNMF itself in the last 1-2 years, though WisdomTree continues rebalancing Japan-focused indices and funds to adapt to market conditions such as volatility in the MSCI Japan Index during 2024.