Update : Oct. 29, 2012 ETFs are investment trusts which are
managed with the aim of tracking the daily movements of a stock
price index, such as those seen on TV and in newspapers, and are
listed and traded on stock exchanges. *ETF is an abbreviation
for "Exchange Traded Fund". For details, please refer to the
following. For details, please refer to the following. |Place of
Purchase||All issues available at any securities company in
Japan||Same as left||Only at certain securities companies by
issue| |Set by investor||Same as left||Not able to be set|
|Method of Confirming Issue Name/Price|| Posted daily in the
stock market section of newspapers *Some issue prices may be
summarized on TV news |Same as left||Specialized publication or
check at securities companies| |N/A||Management fees (trust
fees) of ETFs are said to be cheaper than those of regular
investment trusts||Same as left| |Risk||Risk pertaining to
individual issues||Risk pertaining to individual issues is
dispersed via investment in multiple issues|