TOKYO, Dec. 9 / -- Nikko Asset Management Co., Ltd. (Nikko AM), a leading Japan-based asset management company, announced today the U.S. release of "Country Pick", a money management game. This follows the release of the game in Japan.
http://sekaino.toshinou.jp/
Nikko AM developed "Country Pick" to allow participants the experience of managing money. Participants are allotted a virtual amount of $10 million (in the U.S. version), and they build a portfolio by selecting from an investment universe of 31 countries and regions. After setting an investment weighting for each selected country, participants compete based on their portfolios' performance. The competition starts in January 2010 and takes place over a full year. There is no cost to participate in this contest.
Participants do not invest in individual stocks. They need only to pick the country or region they wish to invest in from the investment universe. These countries and regions actually represent virtual index funds linked to the stock market of each. "Country Pick" therefore also offers participants the opportunity to experience investing through global asset allocation.
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