ETF Sage logo

ETF Sage

Canadian ETF knowledgebase






iShares Japan Fundamental Index Fund (CAD Hedged) - CJP

ETF Overview

iShares Japan Fundamental Index Fund seeks to track the FTSE RAFI Japan CAD-Hedged Index, less fees and expenses.

CJP offers lower costs with a hedged exposure to the Yen, reducing risks for Canadians.

The index weights constituents using four accounting factors, rather than market capitalization. These four factors include:

Fundamental Indexation

This ETF tracks a Fundamental Index. The strategy is known as Fundamental Index or Fundamental Indexation.

Fundamental Indexation is designed to overcome the limitations of traditional indices based on market capitalization. Fundamental Indexation weights its constituents based on company fundamental factors including dividends, total sales, free cash flow and book equity value, each variable not depending on the fluctuations of the market valuation.

Fundamental Indexation seeks to identify the true "fair value" of each company.

Key ETF Data

Fundamentals
Category (main) Japan Equity - Fundamental Index
Underlying Index FTSE RAFI Japan CAD-Hedged Index
ETF Structure Passive type. Aims to track Fundamental index
Asset Class Equity
Region Japan
Issuer iShares Canada by Blackrock
ETF Home Page Available here
Fund Facts
Inception Date 13 Feb 2007
Total Holdings 261
Distribution Frequency Quarterly
Leverage None
Significant Currency Exposure Yes
Currency Hedging Yes
Fees
Management Fee 0.65%
Management Expense Ratio (MER) 0.72%
Trading Information
Ticker CJP
Exchange TSX (Toronto Stock Exchange)
Currency CAD
Eligibility
Eligibility * RRSP, RRIF, RESP, TFSA, DPSP, RDSP
DRIP available ** Yes
PACC Plan available ** Yes
SWP available ** Yes

* Always check eligibility with your plan operator as plans and accounts can differ

** Not all brokers can facilitate these plans. Check with your broker.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar