Amundi Core MSCI Japan UCITS ETF Dist

What this fund is

Amundi Core MSCI Japan UCITS ETF Dist is an exchange-traded fund (ETF) from Amundi, traded under the ticker LJPN (ISIN LU2090063673). 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. It follows the MSCI Japan Net JPY Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include MITSUBISHI UFJ FINANCIAL GROUP, TOKYO ELECTRON JPY50 and TOYOTA MOTOR CORP. Spread across roughly 169 holdings (the ten largest ≈ 29.7%), no one position makes or breaks the fund.

Its biggest country exposures are ~100% Japan. Its heaviest sectors are ~23.3% Industrials and ~20.9% 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 0.12% a year — about €12 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is paid out to you as cash (a distributing share class), and over the last year it paid out roughly 415.37% (its trailing yield).

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 19.5% 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.)