# UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation (JPNA) **Page:** https://fundology.uk/fund/jpna · ISIN LU0950671825 ## 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 22/10/2026, JPNA (UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation, ISIN LU0950671825) closed at ¥5,458.09 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 22/10/2026 its total return was +63.1%, or +27.3% after UK CPIH inflation. ## Summary UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation is an exchange-traded fund (ETF) from UBS, launched in 2017. It tracks the MSCI Japan — large and medium-sized Japanese companies. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.12% a year — about £12 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: **¥5,458.09** (22/10/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | JPNA | | ISIN | LU0950671825 | | Also listed as | 0DZW (London Stock Exchange, yen), JPNH (London Stock Exchange, HKD) | | Category | Japan & Asia Pacific | | Type | ETF | | Provider | UBS | | Tracks | MSCI Japan | | Income | Accumulating | | Ongoing charge | 0.12% a year (£12 per £10,000) | | Fund size | £3.8bn | | Launched | 2017 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 06/10/2026); reporting fund since 13/07/2017 | ## Past returns (periods to 22/10/2026) 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 | +20.76% | +16.48% | income reinvested | | 3 years | +63.17% | +47.42% | price only | | 5 years | +63.08% | +27.29% | income reinvested | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation in pounds (price, with income reinvested in the fund): 2022 −6.1%, 2023 +12.5%, 2024 +9.8%, 2025 +16.4%; 2026 to 21/10/2026 +19.7%. Returns of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +27.5%; to 30/09/2025: +15.9%; to 30/09/2024: +11.4%; to 30/09/2023: +12.3%; to 30/09/2022: −13.3%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -6.1% | -14.0% | Price | | 2023 | +12.5% | +8.0% | Price | | 2024 | +9.8% | +6.1% | Price | | 2025 | +16.4% | +12.4% | Price | | 2026 to 21/10/2026 | +19.7% | +15.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 18.75% | -10.15% | | 3 years | 16.83% | -15.08% | ## Largest fall Volatility of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation in pounds, annualised from weekly returns to 21/10/2026: 18.8% over 1 year, 16.8% over 3 years. Largest fall in the price of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation since October 2021, in pounds: −16.6% from 19/11/2021 to 28/10/2022. The lowest 12-month return of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation in pounds (price, with income reinvested in the fund) since July 2021 was −11.8% (12 months to 04/04/2025); the highest was +42.0% (12 months to 19/06/2026). On 21/10/2026 the price of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation was 4.3% below its highest weekly close since October 2021 (02/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation 0.12% a year. Compared on 22/10/2026, 84 of the 105 other Japan and Asia Pacific share funds charge more, 10 the same and 11 less (share classes counted once). ## Funds tracking the same index 13 funds track MSCI Japan, this one included and share classes counted once; their ongoing charges range from 0.10% to 0.40% a year (22/10/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | HSBC MSCI Japan UCITS ETF Accum Shs USD | 0.13% | +20.7% | — | — | | HSBC MSCI Japan UCITS ETF USD | 0.12% | +20.9% | +65.4% | +63.3% | | Invesco MSCI Japan UCITS ETF | 0.12% | +20.6% | +63.8% | +62.3% | | iShares MSCI Japan UCITS ETF | 0.14% | +21.0% | +65.4% | +62.4% | | iShares MSCI Japan UCITS ETF USD (Dist) | 0.12% | +21.0% | +65.4% | +61.9% | | Multi Units Luxembourg SICAV - Amundi Core MSCI Japan UCITS ETF Acc | 0.12% | +21.0% | +65.2% | +63.2% | | State Street SPDR MSCI Japan UCITS ETF | 0.12% | +20.9% | +65.1% | +63.2% | | UBS Core MSCI Japan UCITS ETF Capitalisation -USD- | 0.10% | — | — | — | | UBS Core MSCI Japan UCITS ETF JPY dis Distribution | 0.12% | +20.9% | +65.1% | +63.2% | | UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation (this fund) | 0.12% | +20.8% | — | +63.1% | | Xtrackers MSCI Japan UCITS ETF | 0.40% | +22.8% | +92.7% | +131.3% | | Xtrackers MSCI Japan UCITS ETF 1D Distribution | 0.12% | +19.4% | — | — | | Xtrackers MSCI JAPAN UCITS ETF Capitalisation 1C | 0.12% | +21.0% | +65.5% | +63.4% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.12%** 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 JPNA?** The ongoing charge of JPNA is 0.12% a year — about £12 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 UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation 0.12% a year. Compared on 22/10/2026, 84 of the 105 other Japan and Asia Pacific share funds charge more, 10 the same and 11 less (share classes counted once). **What does JPNA track?** JPNA tracks the MSCI Japan — large and medium-sized Japanese companies. **Is JPNA accumulating or distributing?** JPNA 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 JPNA?** The ISIN of JPNA is LU0950671825. An ISIN identifies one exact share class of a fund; JPNA is its ticker on the London Stock Exchange. The same share class is also listed as 0DZW (London Stock Exchange, yen) and JPNH (London Stock Exchange, HKD). **What were JPNA’s returns in each of the last five years?** Calendar-year returns of JPNA in pounds (price, with income reinvested in the fund): 2022 −6.1%, 2023 +12.5%, 2024 +9.8%, 2025 +16.4%; 2026 to 21/10/2026 +19.7%. Past performance is not a guide to future returns. **How has JPNA done after inflation?** Over the five years to 22/10/2026 JPNA’s total return was +63.1%, or +27.3% after UK CPIH inflation. Past performance is not a guide to future returns. --- 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.