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Horizon Kinetics Japan Owner Operator ETF
JAPN (Horizon Kinetics Japan Owner Operator ETF) is an active International Equity ETF by Horizon. With a 0.85% MER, it provides diversified exposure through 1 holdings.
JAPN is actively managed by Horizon's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.85% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).