Opening and Closing Bell on Wall Street
Precidian Funds, a wholly owned subsidiary of Precidian Investments, visits the NYSE to mark the July 13, 2011 launch of the Maxis® Nikkei 225 Index exchange-traded fund (ETF) (NYSE Arca-Listed NKY). In honor of the occasion, Precidian Funds CEO Dan McCabe, Toshio Goto, President of Mitsubishi UFJ Asset Management Co., Ltd., and Naoto Hirota, Deputy President of Mitsubishi UFJ Morgan Stanley Securities Co., Ltd ring The Opening BellSM.
The MAXIS™ Nikkei 225 Index Fund, the first and only U.S. ETF to provide access to the Nikkei 225 Index, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Japanese market, as measured by the Nikkei 225 Index.
About Precidian Investments (NYSE Arca: NKY)
Precidian Funds, a wholly owned subsidiary of Precidian Investments, is a leader in the creation of innovative financial products, specializing in Exchange Traded Products (ETP) including active, commodity, currency, fixed-income and managed distribution ETPs. Expertise in product structuring, trading, clearance, sales, technology, and securities law, enables Precidian Funds to efficiently design and build next generation financial instruments. The principals of Precidian provided the intellectual capital and execution in the development of the groundbreaking gold ETF, SPDR™ Gold Shares and developed the world’s first platform of currency-backed ETFs, CurrencyShares. http://www.precidianfunds.com/ ( Source Precidian Investments)