Big rally in Japan today.. and canadian CJP etf

Discussion in 'Trading' started by Dariusz28, Apr 4, 2013.

  1. Dariusz28


    Can anyone explain to me why it is up barely 4% (c.a. +3% from NAV ) as it is currency hedged so it should fly with US hedged etfs by at least 5%-6%.
    Underlying index was also up in Japan, no less than NIKKEI.

    Is market maker wrong or am I missing sth?

    Any thoughts?
  2. they must fear north korea attack!