Amundi JPX-Nikkei 400 UCITS ETF - DAILY HEDGED USD (C)

What this fund is

Amundi JPX-Nikkei 400 UCITS ETF - DAILY HEDGED USD (C) is an exchange-traded fund (ETF) from Amundi, traded under the ticker JPHU (ISIN LU1681039217). 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 JPX-Nikkei 400 Net Total Return Daily USD Hedged Index index — the passive, low-cost approach, and its largest holdings include TOKYO ELECTRON JPY50, MURATA MANUFACT CO LTD JPY50 and SOFTBANK GROUP CORP. By geography it is weighted towards ~100% Japan.

By industry it concentrates most in ~25.6% Industrials and ~19.2% Information 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 0.18% a year — about €18 a year on a €10,000 holding, taken automatically from the fund. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. It tracks its index through a swap agreement rather than owning every holding (synthetic replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in USD.

Its price has swung about 16.5% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2018. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Amundi.)