Newton Power Innovation Fund (with/without currency hedge) nicknamed 'Power Revolution' surpasses 600 billion yen in net asset value
NQ Score
73/100
AI Summary (NQ-processed)
Sumitomo Mitsui DS Asset Management announced that the total net asset value of its investment trust, the "Newton Power Innovation Fund" (nicknamed "Power Revolution"), reached 606 billion yen as of April 9, 2026, surpassing 600 billion yen. Established on October 28, 2024, the fund invests primarily in global equities expected to benefit from expanding electricity demand and transformations in the power market. This achievement was reached in just over 1 year and 5 months since its inception, thanks to strong investor support.
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Frequently Asked Questions
- Q: What is the net asset value of the 'Power Revolution' fund?
- A: As of April 9, 2026, it is 606 billion yen.
- Q: When was the 'Power Revolution' fund established?
- A: It was established on October 28, 2024.