's "Fund Spy" today revealed
more mutual funds' exposure to the Japanese market noting that the average fund in the Japan stock category has lost some 10 percent over the past month, with leveraged Japan funds such as ProFunds Ultra Japan
and Rydex Japan 2x Strategy
losing even more.
Some of the pub's listed diversified funds with the most Japan exposure include: Brandes Institutional International Equity [see profile]
, First Eagle Overseas
, IVA International [see profile]
and Thornburg Value [see profile]
According to the pub, common themes among the funds' PMs include: acknowledgement of the terrible human cost and short-term disruptions coupled with confidence in the resilience of the Japanese people and the attractiveness of many Japanese stocks in the long term.
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