Key stats
About NOMURA ASSET MANAGEMENT CO LTD NXT FNDS TOPIX-17 STEEL & NONFERROUS ETF
Home page
Inception date
Mar 21, 2008
Replication method
Physical
Dividend treatment
Distributes
Primary advisor
Nomura Asset Management Co., Ltd.
ISIN
JP3046620005
The Fund aims at investment performance linked to the TOPIX-17 STEEL & NONFERROUS METALS (Benchmark Index), which means NAV volatility is to correspond with that of the Benchmark Index.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
---|---|---|---|---|---|---|
Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Producer Manufacturing
Stocks99.82%
Non-Energy Minerals55.02%
Producer Manufacturing40.43%
Energy Minerals3.11%
Distribution Services1.26%
Bonds, Cash & Other0.18%
Cash0.18%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
1623 invests in stocks. The fund's major sectors are Non-Energy Minerals, with 55.02% stocks, and Producer Manufacturing, with 40.43% of the basket. The assets are mostly located in the Asia region.
1623 top holdings are NIPPON STEEL CORP. and Sumitomo Electric Industries, Ltd., occupying 20.92% and 16.98% of the portfolio correspondingly.
1623 last dividends amounted to 921.00 JPY. The year before, the issuer paid 524.00 JPY in dividends, which shows a 43.11% increase.
1623 assets under management is 933.33 M JPY. It's risen 2.84% over the last month.
1623 fund flows account for −919.39 M JPY (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, 1623 pays dividends to its holders with the dividend yield of 3.31%. The last dividend (Aug 22, 2025) amounted to 921.00 JPY. The dividends are paid annually.
1623 shares are issued by Nomura Holdings, Inc. under the brand NEXT FUNDS. The ETF was launched on Mar 21, 2008, and its management style is Passive.
1623 expense ratio is 0.32% meaning you'd have to pay 0.32% of your investment to help manage the fund.
1623 follows the TOPIX-17 STEEL & NONFERROUS METALS - JPY. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
1623 invests in stocks.
1623 price has risen by 2.83% over the last month, and its yearly performance shows a 1.81% increase. See more dynamics on 1623 price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.68% over the last month, showed a 19.16% increase in three-month performance and has increased by 4.99% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.68% over the last month, showed a 19.16% increase in three-month performance and has increased by 4.99% in a year.
1623 trades at a premium (0.22%) meaning the ETF is trading at a higher price than the calculated NAV.