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ETF ProvidersNomura2514
2514
JP3048650000
Passive ETFEquity

2514 ETF · Nomura NEXT FUNDS International Equity MSCI-KOKUSAI (Yen-Hedged) ETF

The 2514 Exchange Traded Fund (ETF) is provided by Nomura. It is built to track an index: MSCI Kokusai Index. The 2514 ETF provides physical exposure, so by buying it you actually own parts of all the 1,222 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Today at 12:00 AM UTC
LIVE
CLOSED
This fund is part ofDeveloped Market Blended Cap1M perf.-4.33%
Last price
¥1,810
1M perf.
-2.58%
1M flows
+€314K
AuM
€26M
E/R
0.17%
Rating
Not rated
ESG Consensus®
esg grade icon
2514
¥1,810

Performance & flows

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December 15, 2025 → March 13, 2026
0-2-1012345%JANFEBMAR
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2514
¥1,809.82
-1.85%
Developed Market Blended Cap
-1.34%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-2.58%
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-1.85%
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+14.53%
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+43.07%
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+39.88%
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-3.98%
-2.90%
-2.90%
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Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) · 
Main characteristics
Issuer
ISIN
JP3048650000
AuM
€26M
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E/R
0.17%
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Replication rating
Not rated
ESG Consensus®
esg grade icon
icon
More details
NAV
3/13/2026
¥1,809.82
1D NAV change
-1.35%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
1222
Inception date
12/11/2017
Jurisdiction
Japan
Distribution
Japan
Legal structure
Open-end Investment Trust
Base currency
JPY
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Investment strategy
The Fund aims at investment performance linked to the MSCI- KOKUSAI Index (based on Japanese Yen, hedged), which means NAV volatility is to correspond with that of the Object Stock Index. The MSCI-KOKUSAI Index (based on Japanese Yen, hedged) is a market capitalization-weighted stock price index (inclusive of dividends) developed by MSCI, which is based on floating stocks of the developed countries in the world, excluding Japan, and is converted into Japanese Yen considering the hedge cost.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

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Historical risk/return profile

3M1Y3Y5Y
Returns
-1.85%
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+14.53%
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+43.07%
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+39.88%
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Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Exposure

Countries
USA
73.28%
Canada
4.04%
United Kingdom
3.86%
Switzerland
2.73%
France
2.49%
Germany
2.47%
Netherlands
1.88%
Ireland
1.73%
Unavailable
0.33%
Other
7.18%
Sectors
Information Technology
28.06%
Financials
14.32%
Industrials
9.70%
Consumer Discretionary
9.51%
Communication Services
9.03%
Health Care
9.03%
Consumer Staples
5.09%
Energy
3.80%
Unavailable
3.80%
Other
7.65%
Diversification
Total weight of top 15 holdings out of 1222
Top 15 holdings
Data as of January 31, 2026
NVIDIA
APPLE
MICROSOFT-T
AMAZON.COM INC
ALPHABET INC-CL
META PLATFORMS
ALPHABET INC-CL
BROADCOM LIMITED
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TESLA
BERKSHIRE HATHWAY
JPMORGAN CHASE
LILLY
EXXON
VISA INCORPORATION
JOHNSON&JOHNSON
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Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of December 31, 2025
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about 2514 ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


2514’s has a Final Sustainability Grade of either C+, C, C-, or D.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
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Holdings review
67.09% of holdings have positive scoring
33.03% of holdings have negative scoring
19.52%
26.67%
20.90%
8.44%
18.54%
6.05%
Consensus levels
Strong
Medium
Weak
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Issuer

Nomura
Nomura ID Card
Number of funds
78
Total AuM
€278.73B
Expense ratio range
0.07% - 1.32%
Average expense ratio
0.3654%

Nomura Asset Management Co., Ltd. (NAM), the core company within the Investment Management Division of Nomura Group, is one of Japan’s largest asset management companies and has expanded worldwide from Japan to the rest of Asia, Europe, and North America. NAM’s “NEXT FUNDS” line of exchange traded funds has been the driving force of the Japanese ETF marketplace since its creation in May 1995. NEXT FUNDS boasts the largest share of assets under management in Asia’s ETF market.

Via Offical website

Frequently asked questions about 2514

What does Nomura NEXT FUNDS International Equity MSCI-KOKUSAI (Yen-Hedged) ETF, 2514, invest in?

2514 is a Passive ETF. This ETF provides exposure to Large and Mid-Cap Developed markets ex-Japan Equities.

Which benchmark or index does 2514 replicate?

2514 tracks the MSCI KOKUSAI Hedged in JPY Index - JPY, through a full replication replication method.

What is the Total Expense ratio (TER) of 2514?

2514 carries a total expense ratio (TER) of 0.17%, indicating the annual cost for holding the fund.

When was 2514 launched?

2514 was introduced to the market on December 11, 2017. It trades on Japan

Who is the ETF issuer of 2514?

Nomura NEXT FUNDS International Equity MSCI-KOKUSAI (Yen-Hedged) ETF, 2514, is provided by Nomura. Learn more about Nomura here.

What is the current assets under management (AUM) of 2514?

2514 oversees €26M in assets as of March 13, 2026.

How has 2514 performed lately?

Based on data from March 13, 2026, 2514 returned -2.58% over the past month, -1.85% over the last three months and -2.90% year-to-date.

What are the latest inflows or outflows for 2514?

As of March 13, 2026, 2514 recorded net flows of +€309K over the last month and +€309K year-to-date.

Does 2514 distribute dividends?

2514 follows a distributing dividend policy, meaning it pays out income to investors. As of March 13, 2026, its 12-month trailing yield was 0.44%.

What are the main country or region exposures of 2514?

As of January 31, 2026, 2514 has significant geographic allocations in USA, Canada and United Kingdom.

In which sector or theme does 2514 invest in?

As of January 31, 2026, 2514 focuses largely on Information Technology, Financials and Industrials.

How many securities does 2514 hold and how diversified is it?

As of January 31, 2026, 2514 holds 1222 positions in its portfolio, with 33.13% of assets concentrated in its top 15 holdings.

What are the main positions in 2514?

As of January 31, 2026, 2514 top three holdings include NVIDIA, APPLE and MICROSOFT-T.

What is the base currency of 2514?

The base currency of 2514 is JPY.

Is 2514 currency-hedged?

2514 is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.

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