Horizon Kinetics Japan Owner Operator ETF (JAPN)

Horizon Kinetics Japan Owner Operator ETF is an actively managed fund from Horizon Kinetics Asset Management that invests in Japanese companies run by owner-operators, meaning businesses in which founders, families or senior managers hold significant ownership stakes.

The approach reflects Horizon Kinetics' long-standing view that management teams with substantial personal ownership tend to align their decisions with long-term shareholders. The managers select stocks through fundamental research and may hold companies of varying sizes across sectors of the Japanese economy, with a concentrated, long-term orientation.