Monex Asset Management, Inc. proudly announced today that its assets under management (AUM) have surpassed an impressive ¥500 billion as of February 22, 2024, marking a remarkable 3.3-fold increase within almost a year.

The company’s flagship products, “ON COMPASS” and “ON COMPASS+,” have played a pivotal role in this success story. According to the “Fund Wrap (including SMA) ‘net of expenses’ average performance” released by the Japan Financial Services Agency on April 21, 2023, “ON COMPASS” secured the top spot in 3-year and 5-year returns, while “ON COMPASS+” claimed the third position in 3-year returns. These stellar performances, outlined in the “Analysis on the Measurement of Representative Indicators (KPIs) of Investment Performance of Domestic Investment Management Companies and Various Issues Regarding Domestic Public Investment Trusts,” attracted a significant influx of customers, propelling the growth of assets under management.

Monex Asset Management Surpasses ¥500 Billion AUM Milestone.

Adding to the positive momentum, “ON COMPASS+” has recently become available under the new NISA program since January 2024. The anticipated release of “ON COMPASS” in spring 2024 is going to contribute further to the expansion of assets under management.

The net asset value (NAV) of the “Monex Activist Fund,” a publicly offered mutual fund managed by Monex Asset Management, remains robust. This strength can be attributed to an expanded distribution network and improved returns resulting from a concentrated approach to fund investments.

In the realm of managing assets for qualified institutional investors and corporations, Monex Asset Management has demonstrated its prowess by securing the 6th position out of 89 companies in terms of net inflows of private mutual funds in 2023.

Looking ahead, Monex Asset Management is going to make industry history by introducing a single-party calculation of NAV, a groundbreaking move that aims to streamline business operations and cater to the diverse investment needs of investors. This innovation reflects the company’s commitment to providing efficient and tailored solutions in the ever-evolving landscape of asset management.

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