Global exchange-traded fund - DB X-TRACKERS S&P JAPAN 500 SHARIAH ETF

UK

DB X-TRACKERS S&P JAPAN 500 SHARIAH ETF rises 1.5% on high volatility 05 March, 2015

NEWS BITES - ETF

DB X-TRACKERS S&P JAPAN 500 SHARIAH ETF (L:XSHJ), the 33rd largest Exchange Traded Fund by market cap in the United Kingdom, traded between an intraday low of GBX978.88 and a high of GBX983.25. The price range has expanded in the last two days (from GBX3.36 two days ago to GBX4.37 today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 0.4% places the ETF in the 4th quartile in the market meaning it is least volatile. Today its volatility (highest price minus lowest price/lowest price) of 0.4% equalled the average daily volatility, up from 0.4% on Wednesday and 0.3% on Tuesday. A price rise on high volatility is a bullish signal. The ETF rose for a third day on Thursday bringing its three-day rise to GBX21.88 or 2.3%. The ETF price increased GBX14.50 (or 1.5%) to close at GBX978.88. Compared with the Morgan Stanley Capital International United Kingdom Index which rose 78.4 points (or 0.8%) in the day, this represented a relative price increase of 2.0%.

DESCRIPTION

DB X-Trackers S&P JAPAN 500 SHARIAH ETF is a UCITS III compliant exchange-traded investment fund registered in Luxembourg. The objective of the Fund is to track the performance of the S&P Japan 500 Shariah Index.

BULLISH SIGNALS

Technicals:

+ Rises to Falls: in the past month the number of rises outnumbered falls 8:3 or 2.7:1.

High Performance Indicators:

DescriptionValueRank In Market
Price Change %1.5In Top Quartile
% Prem To Vol Wtd Price4.2In Top Quartile

BEARISH SIGNALS

Technicals:

+ The 0.4% discount to 12-month high of GBX983.25 against the 34.4% premium to 12-month low of GBX728.50 suggests the climb might be peaking.

Low Performance Indicator:

DescriptionValueRank In Market
MCapGBP5 million (US$7.6 million)In Bottom Quartile

NOTE

Technicals:

+ Volume: trading volume was 76% lighter than average.

SNAPSHOT

DB X-TRACKERS S&P JAPAN 500 SHARIAH ETF (L:XSHJ)

ISIN: LU0328475289

Inception DateJuly 25, 2008
Expense Ratio0.5% of average net assets

MANAGEMENT FEES

+ The management fee is 0.5% of total assets

TOP HOLDINGS (March 05, 2015)

HoldingsWeight (%)
Takeda Pharmaceutical Co Ltd4.1
FANUC Corp4
Astellas Pharma Inc4
Canon Inc3.9
Shin-Etsu Chemical Co Ltd2.9
Murata Manufacturing Co Ltd2.9
Bridgestone Corp2.8
NTT DOCOMO Inc2.8
Mitsubishi Electric Corp2.6
Denso Corp2.6

ASSET VALUE

Announcement DateMarch 04, 2015
Net AssetsGBX7.4 million

XSHJ.L

Source: www.BuySellSignals.com