Biggest Leveraged ETF Takes in $1.5 Billion as Japan Stocks Sink

  • Fund's assets swell even as it posts 20 percent retreat
  • Nomura Asset hasn't decided whether to stop new orders again

Employees work at the Tokyo Stock Exchange. The Next Funds Nikkei 225 Leveraged Index ETF took in 177.4 billion yen ($1.5 billion) this year, boosting assets by 7 percent through Monday even as stocks tumbled, according to data compiled by Bloomberg.

Photographer: Yuriko Nakao/Bloomberg

Investors are putting more money into Japan’s giant leveraged exchange-traded fund than any other equity ETF around the world as stocks in Tokyo extend their worst start to a year on record.

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