Market Currents
Japan's Nikkei gained 23% in 2012, its best gain since 2005, but the popular EWJ is up just...
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Monday, December 31, 2012, 11:47 AM ETJapan's Nikkei gained 23% in 2012, its best gain since 2005, but the popular EWJ is up just 6.3%, thanks to a declining yen (FXY -11.3%). The DXJ - hedged against currency fluctuations - is up 16.5% YTD. Another hedged fund, DBJP +20.5% YTD.
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