# Amundi Index Solutions - JPX-Nikkei 400 UCITS ETF (JPHG) **Source:** https://fundology.uk/fund/jphg · ISIN LU1681039308 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## 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 30/09/2026, JPHG (Amundi Index Solutions - JPX-Nikkei 400 UCITS ETF, ISIN LU1681039308) closed at £522.45 on the London Stock Exchange. Its ongoing charge is 0.18% a year (about £18 on £10,000). Over the five years to 30/09/2026 its total return was +146.5%, or +92.7% after UK CPIH inflation. ## Summary Amundi Index Solutions - JPX-Nikkei 400 UCITS ETF is an exchange-traded fund (ETF) from Amundi, launched in 2018. It tracks the JPX-Nikkei 400 Index - GBP - Benchmark TR Net Hedged. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.18% a year — about £18 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£522.45** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | JPHG | | ISIN | LU1681039308 | | Category | Japan & Asia Pacific | | Type | ETF | | Provider | Amundi | | Tracks | JPX-Nikkei 400 Index - GBP - Benchmark TR Net Hedged | | Income | Accumulating | | Ongoing charge | 0.18% a year (£18 per £10,000) | | Fund size | £5.8m | | Launched | 2018 | | Domicile | Luxembourg | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +34.42% | +30.20% | income reinvested | | 3 years | +103.28% | +83.43% | income reinvested | | 5 years | +146.46% | +92.66% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Amundi Index Solutions - JPX-Nikkei 400 UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −3.1%, 2023 +34.9%, 2024 +24.7%, 2025 +29.2%; 2026 to 30/09/2026 +23.9%. Returns of Amundi Index Solutions - JPX-Nikkei 400 UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +35.9%; to 30/09/2025: +24.1%; to 30/09/2024: +22.5%; to 30/09/2023: +33.3%; to 30/09/2022: −9.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -3.1% | -11.3% | Price | | 2023 | +34.9% | +29.5% | Price | | 2024 | +24.7% | +20.4% | Price | | 2025 | +29.2% | +24.7% | Price | | 2026 to 30/09/2026 | +23.9% | +20.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 17.70% | -9.31% | | 3 years | 18.89% | -16.24% | | 5 years | 17.44% | -16.24% | ## Largest fall Volatility of Amundi Index Solutions - JPX-Nikkei 400 UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 17.7% over 1 year, 18.9% over 3 years, 17.4% over 5 years. Largest fall in the price of Amundi Index Solutions - JPX-Nikkei 400 UCITS ETF since October 2021, in pounds: −16.2% from 12/07/2024 to 02/08/2024. The lowest 12-month return of Amundi Index Solutions - JPX-Nikkei 400 UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −8.7% (12 months to 23/09/2022); the highest was +62.5% (12 months to 10/04/2026). On 30/09/2026 the price of Amundi Index Solutions - JPX-Nikkei 400 UCITS ETF was 1.8% below its highest weekly close since October 2021 (14/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Amundi Index Solutions - JPX-Nikkei 400 UCITS ETF 0.18% a year, as of 01/10/2026: 57 of the 92 other Japan and Asia Pacific share funds charge more, 1 the same and 34 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.18%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | Amazon | 9.11% | | Microsoft | 9.08% | | Coca-Cola Co/The | 9.05% | | CVS Health | 8.85% | | Applied Materials | 4.76% | | Fortinet | 4.52% | | Alphabet · Class A | 4.50% | | NVIDIA | 4.50% | | Meta Platforms Inc- · Class A | 4.49% | | AbbVie | 4.48% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By sector As published by Amundi, as of 29/09/2026. | Sector | Weight | |---|---| | Information Technology | 26.4% | | Health Care | 22.5% | | Consumer Discretionary | 14.8% | | Consumer Staples | 11.5% | | Industrials | 10.4% | | Communication Services | 8.9% | | Energy | 3.9% | | Financials | 1.2% | | Other sectors | 0.3% | ### By country As published by Amundi, as of 29/09/2026. | Country | Weight | |---|---| | United States | 99.5% | | France | 0.5% | All 46 holdings: https://fundology.uk/fund/jphg/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.