- What does RAYJ invest in?
- The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in equity securities of issuers located in Japan. The equity securities in which the fund primarily invests are common stock and preferred stock. The fund is non-diversified.
- What is the expense ratio of RAYJ?
- Rayliant SMDAM Japan Equity ETF (RAYJ) charges an expense ratio of 0.72%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RAYJ?
- Rayliant SMDAM Japan Equity ETF (RAYJ) manages $25.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is RAYJ actively managed or an index fund?
- RAYJ's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was RAYJ launched?
- Rayliant SMDAM Japan Equity ETF (RAYJ) launched in April 2024 and is managed by Rayliant.
- How has RAYJ performed?
- RAYJ's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
