The fund tracks the FTSE RAFI Japan Canadian Dollar Hedged Index, less fees and expenses. Stocks are chosen based on total cash dividends, free cash flow, and total sales over the past five years, as well as current-period book equity value. Major holdings include Toyota, Mitsubishi Financial, and Honda Motor. Exposure to the yen is hedged back to Canadian dollars.
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CJP was first recommended here on April 29, 2013