Mitsubishi UFJ Asset Investment Trust Set to Reach ¥6 Trillion

Mitsubishi UFJ Asset Management’s fastest-growing investment trust looks likely to swell to around a record ¥6 trillion ($38 billion) this fiscal year as inflows increase from younger investors.

The trust, known as eMAXIS Slim All Country (eMAXIS Slim) is particularly popular with people investing through Japan’s tax-exempt retirement savings accounts called NISA. The fund will “approach or exceed” the record high for the country this fiscal year, Hideo Shirota, managing director of Mitsubishi UFJ Asset Management, said in an interview.