Domestically domiciled foreign-denominated investment trusts are seen as a promising fund product that meets the needs of Japanese financial institutions, particularly banks. They also offer dividend tax advantages. While such funds can already be offered privately, several issues currently prevent them from being publicly offered to retail investors. These issues will hopefully be resolved so that foreign-denominated funds become a reality in Japan and gain popularity even overseas.
Expectations for Japan-domiciled foreign-denominated funds