Amundi Prime Japan UCITS ETF DR (C)

What this fund is

Amundi Prime Japan UCITS ETF DR (C) is an exchange-traded fund (ETF) from Amundi, traded under the ticker PRAJ (ISIN LU2089238385). 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 Solactive GBS Japan Large & Mid Cap Index NTR 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. With about 307 holdings (the ten largest ≈ 26.4%), your money is diversified rather than concentrated in a handful of names.

Its biggest country exposures are ~100% Japan. Its heaviest sectors are ~23.8% Industrials and ~18.9% 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 0.05% a year — about €5 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 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. Its price has swung about 19% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2020. 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 Amundi.)