JPMorgan BetaBuilders Japan ETF(CBOE:BBJP)

BBJP provides broad exposure to Japanese equities. Index components are selected from the largest and most liquid equities trading on the Tokyo Stock Exchange or Nagoya Stock Exchange. The fund covers roughly 85% of the investable universe of equity securities traded in Japan. The fund may use futures and currency forward contracts to more closely track the index. This feature provides the issuer with some flexibility to manage the portfolio, which is valuable since the Japanese and US equity market trading hours never overlap. The index is reconstituted semiannually and rebalanced quarterly.