WisdomTree launches first-of-kind zero commission ETFs in Japan

WisdomTree has launched the first zero commission exchange-traded funds (ETFs) in Japan in collaboration with Monex Securities. The programme, named Zero ETF, will also include regular model portfolios, online investment seminars and research reports. "In Japan, the average total commission (management fee of 1.4% and sales/broker fees of 2.9%) for retail investors that buy funds is 4.3% per transaction, which is one of the highest in the world," said Jesper Koll ( pictured ), head of Japan, Wi