iShares MSCI Japan GBP Hedged UCITS ETF (Acc)

iShares MSCI Japan GBP Hedged UCITS ETF (Acc) is an exchange-traded fund (ETF) from iShares, traded under the ticker IJPH (ISIN IE00B7XYN974). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. Rather than a manager picking stocks, it simply replicates the MSCI Japan index — the passive, low-cost approach, and its largest holdings include MITSUBISHI UFJ FINANCIAL GROUP INC, TOKYO ELECTRON LTD and TOYOTA MOTOR CORP. Spread across roughly 177 holdings (the ten largest ≈ 29.1%), no one position makes or breaks the fund. By geography it is weighted towards ~100.1% Japan. By industry it concentrates most in ~22.9% Industrials and ~20.7% Technology. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.64% a year — about €64 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything. It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors, trades in GBP and is currency-hedged against exchange-rate swings. Its price has swung about 20.8% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2012. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from iShares.)