The bank added that it would also buy relatively riskier assets such as exchange-traded funds and real estate trust funds.

BBC: Haruhiko Kuroda

More specifically, the BoJ will increase purchases of exchange traded funds (ETFs) by 1 trillion yen per year and real-estate trust funds (REITs) by 30 billion yen per year.

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The top 10% have 80% to 90% of stocks, bonds, trust funds, and business equity, and over 75% of non-home real estate.

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