JAPAN EXCHANGE GROUP, INC.
The NAV of the ETF "WisdomTree Natural Gas" (Securities code: 1689) listed on Tokyo Stock Exchange is JPY 1.207 as of April 19, 2023.
However, since the minimum increment of bids or offers of the ETF on the Exchange is JPY 1, market price of the ETF will never fall below JPY 1.
Therefore, if the Bloomberg Natural Gas Subindex which is the tracking indicator of the ETF decline or the strength of the yen increases against the US dollar, there is a possibility that the yen-denominated NAV will fall below JPY 1, which may cause a discrepancy between the NAV and the market price. Also, in the event that the NAV falls below JPY 1, there will be a significant risk that transactions will not be executed and any attempt to sell the ETF shares will result in difficulties.
When trading this ETF, please refer to the daily disclosure regarding the NAV and pay close attention to the deviation between the NAV and the market price.
WisdomTree Management Jersey Limited informed investors regarding the above points through an announcement about the possibility of a substantial discrepancy between the NAV and the market price on April 12, 2023.
Market participants are again urged to be aware of these conditions.
Enquiry
＜Trading related matters＞ Equities Department, Strategic Planning Group
TEL:TEL：03-3666-0141(switchboard)
E-mail:E-mail：kabuso-kaigi@jpx.co.jp
＜Listing related matters＞ Product Development Group, New Listings Department
TEL:TEL：03-3666-0141(switchboard)
E-mail:E-mail：product_01@jpx.co.jp
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Japan Exchange Group Inc. published this content on 19 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 April 2023 07:49:01 UTC.
