Japanese Small Cap ETF: Running +16% (+42% Annualized) + Trading at Multi-Year High
- Lester Davids
- Aug 20
- 1 min read
Research Notes 18 - 22 August > https://www.unum.capital/post/r1822august
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Previous Post (15 March): Anticipating Yen Strength? Consider Japanese Small Caps (ETF)
With monetary policy in Japan undergoing a multi-year regime change, this could lead to a stronger Japanese Yen. Here, small caps are likely to be a beneficiary.
On a valuation basis, the group offers value, with a multiple below that of the broader market.



SCJ ETF Daily Chart

Lester Davids
Analyst: Unum Capital
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