Some 129 products (including flow, excluding leverage and private banking) worth an estimated JPY 236 billion (US$1.7 billion) were added to the SRP Japan database in July.

One hundred products that sold an estimated JPY 176.5 billion had strike dates during the month. A call overwriting fund issued by Sumitomo Mitsui Asset Management registered the highest sales volume (JPY15.4 billion). One hundred and fourteen products matured in July, releasing JPY334 billion back onto the market for reinvestment. Distributors There were 32 active distributors in July, of which Daiwa Securities was the most prolific. The company launched 12 products worth JPY13.7 billion.