# Goldman Sachs Alpha Enhanced Japan Equity Active UCITS ETF AccumJPY (GQJY)

**Page:** https://fundology.uk/fund/gqjy · ISIN IE000ZUTO1I5

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, GQJY (Goldman Sachs Alpha Enhanced Japan Equity Active UCITS ETF AccumJPY, ISIN IE000ZUTO1I5) closed at £21.32 on the London Stock Exchange. Its ongoing charge is 0.28% a year (about £28 on £10,000). Over the year to 13/11/2026 its total return was +16.2%, or +12.1% after UK CPIH inflation.

## Summary

Goldman Sachs Alpha Enhanced Japan Equity Active UCITS ETF AccumJPY is an exchange-traded fund (ETF) from Goldman Sachs, launched in 2025. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.28% a year — about £28 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£21.32** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | GQJY |
| ISIN | IE000ZUTO1I5 |
| Also listed as | GQJU (London Stock Exchange, US dollars) |
| Category | Japan & Asia Pacific |
| Type | ETF |
| Provider | Goldman Sachs |
| Income | Accumulating |
| Ongoing charge | 0.28% a year (£28 per £10,000) |
| Fund size | £535m |
| Launched | 2025 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 14/05/2025 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +16.24% | +12.12% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Goldman Sachs Alpha Enhanced Japan Equity Active UCITS ETF AccumJPY in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +15.9%. Returns of Goldman Sachs Alpha Enhanced Japan Equity Active UCITS ETF AccumJPY in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +29.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2026 to 13/11/2026 | +15.9% | +12.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 20.08% | -11.51% |

## Largest fall

Volatility of Goldman Sachs Alpha Enhanced Japan Equity Active UCITS ETF AccumJPY in pounds, annualised from weekly returns to 13/11/2026: 20.1% over 1 year. Largest fall in the price of Goldman Sachs Alpha Enhanced Japan Equity Active UCITS ETF AccumJPY since May 2025, in pounds: −11.5% from 27/02/2026 to 20/03/2026. On 13/11/2026 the price of Goldman Sachs Alpha Enhanced Japan Equity Active UCITS ETF AccumJPY was 7.1% below its highest weekly close since May 2025 (02/10/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Goldman Sachs Alpha Enhanced Japan Equity Active UCITS ETF AccumJPY 0.28% a year. Compared on 14/11/2026, 45 of the 108 other Japan and Asia Pacific share funds charge more, 0 the same and 63 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.28%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ongoing charge of GQJY?**

The ongoing charge of GQJY is 0.28% a year — about £28 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Goldman Sachs Alpha Enhanced Japan Equity Active UCITS ETF AccumJPY 0.28% a year. Compared on 14/11/2026, 45 of the 108 other Japan and Asia Pacific share funds charge more, 0 the same and 63 less (share classes counted once).

**Is GQJY accumulating or distributing?**

GQJY is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of GQJY?**

The ISIN of GQJY is IE000ZUTO1I5. An ISIN identifies one exact share class of a fund; GQJY is its ticker on the London Stock Exchange. The same share class is also listed as GQJU (London Stock Exchange, US dollars).

**What were GQJY’s returns in each of the last five years?**

Calendar-year returns of GQJY in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +15.9%. Past performance is not a guide to future returns.

**How has GQJY done after inflation?**

Over the year to 13/11/2026 GQJY’s total return was +16.2%, or +12.1% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.