Mizuho lists Saudi Arabia ETF on Tokyo Stock Exchange

The ETF invests in the Saudi Arabian equity market.

Mizuho Financial Group has listed the One ETF FTSE Saudi Arabia Index on the Tokyo Stock Exchange on 12 December 2024.

The ETF was established and managed by its subsidiary Asset Management One Co. Ltd., and invests in the Saudi Arabian equity market.

PIF and Mizuho Bank are anchor investors in One ETF FTSE Saudi Arabia Index.

The initial market capitalization of the ETF exceeded $100m (JPY15b), making it the largest ETF investing solely on the Saudi Arabian equity market on the Tokyo Stock Exchange, according to Mizuho.

Through the ETF, Mizuho said that it provides investors with access to one of the world's fastest growing markets.