Mitsubishi UFJ Asset Management announced on the 27th that it will begin securities lending for 12 funds, including the investment trust eMAXIS Slim All-Country Equity Fund, commonly known as the All-Country Fund. To enhance fund performance, a portion of the securities held will be lent to securities firms and others in exchange for lending fees. From the 25th onward, the fund terms will be amended sequentially, with the scope also covering the eMAXIS Slim Domestic Equity Fund tracking the Nikkei Average and the Index 225 Open Fund. The All-Country Fund is the largest investment trust in Japan by net assets, reaching 13.2055 trillion yen as of the 24th, with U.S. stocks accounting for roughly 60 percent of its holdings.
Mitsubishi UFJ Financial Group, Inc.Mitsubishi UFJ Asset Management, a subsidiary, launches securities lending to enhance fund performance, potentially boosting fee income for the group.