Amundi Core MSCI Japan UCITS ETF Acc

What this fund is

Amundi Core MSCI Japan UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker LCJP (ISIN LU1781541252). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one 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. It passively tracks the MSCI Japan Net JPY Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include MITSUBISHI UFJ FINANCIAL GROUP, TOKYO ELECTRON JPY50 and TOYOTA MOTOR CORP. Spread across roughly 169 holdings (the ten largest ≈ 29.8%), no one position makes or breaks the fund.

Its biggest country exposures are ~100% Japan. Its heaviest sectors are ~23.3% Industrials and ~21% 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 0.12% a year — about €12 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 Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in JPY. 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.)