Big rally in Japan today.. and canadian CJP etf

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

  1. Dariusz28

    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!