Synera Funds launched the Takumi+ ETF (SMTJ) on NYSE Arca, combining actively managed Japanese equities with a systematic futures strategy. The fund seeks capital appreciation through investment-theme screening and company-level fundamental analysis. Its futures overlay aims to provide complementary returns and reduce downside risk across global markets and asset classes, without additional capital allocation.
Sumitomo Mitsui Trust Asset Management Americas supplies the Japanese equity model as Model Sub-Adviser. Millburn Ridgefield supervises the portfolio and manages the futures overlay as Investment Adviser; Twin Oak ETF Company organizes the ETF and supports operations and distribution. The fund has a 2.01% gross expense ratio and a 0.86% net expense ratio after waivers. The adviser has contractually agreed to waive management fees and/or pay fund expenses until at least December 31, 2027.
Synera Funds launched a collaborative ETF platform with SuMi TRUST, Millburn, and Twin Oak, debuting the Synera Funds Japan Active+ ETF (NYSE Arca: SMTJ).
The platform emphasizes Section 351 ETF exchanges, with ExchangiFi supporting participants, and highlights risks from foreign securities, derivatives, commodities, leverage, and potential loss of principal.