NEXT FUNDS Nomura Crude Oil Long Index Linked ETF (Ticker: JP:1699) offers investors a unique opportunity to gain exposure to the dynamic and volatile crude oil market. This exchange-traded fund is meticulously designed to track the performance of the Nomura Crude Oil Long Index, making it an ideal instrument for those looking to capitalize on the price movements of crude oil. Categorized under the energy sector, this ETF is particularly focused on the front month niche, meaning it targets the nearest futures contract month, which tends to be the most liquid and sensitive to market fluctuations.
The ETF's strategic emphasis on front month contracts allows investors to benefit from potential short-term gains associated with the crude oil market's rapid price changes. Given the cyclical nature of energy commodities and the geopolitical factors frequently influencing crude oil prices, this ETF is suited for investors with a keen interest in energy markets and a tolerance for higher levels of risk associated with commodity investments.
With NEXT FUNDS Nomura Crude Oil Long Index Linked ETF, investors can experience the ebbs and flows of the crude oil market without the need to directly trade futures, providing a streamlined approach to energy investment. Whether you're aiming to diversify your portfolio or hedge against oil price volatility, this ETF offers a compelling option within the broader energy investment landscape.
NEXT FUNDS Nomura Crude Oil Long Index Linked ETF (1699) Fund Flow Chart
NEXT FUNDS Nomura Crude Oil Long Index Linked ETF (1699) 1 year Net Flows: -12B
1699 ETF FAQ
What was JP:1699’s price range in the past 12 months?
JP:1699 lowest ETF price was 345.20 and its highest was 483.30 in the past 12 months.
What is the AUM of JP:1699?
As of Mar 07, 2025 The AUM of JP:1699 is 15.28B.
Is JP:1699 overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does JP:1699 pay dividends?
JP:1699 does not currently pay dividends.
How many shares outstanding does JP:1699 have?
Currently, no data Available
Which hedge fund is a major shareholder of JP:1699?
Currently, no hedge funds are holding shares in JP:1699