# Amundi Japan TOPIX II UCITS ETF -Dist EUR- (JPNU) **Page:** https://fundology.uk/fund/jpnu · ISIN FR0010245514 ## 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 06/11/2026, JPNU (Amundi Japan TOPIX II UCITS ETF -Dist EUR-, ISIN FR0010245514) closed at £178.55 on the London Stock Exchange. Its ongoing charge is 0.45% a year (about £45 on £10,000). Over the five years to 06/11/2026 its total return was +42.2%, or +11.0% after UK CPIH inflation. ## Summary Amundi Japan TOPIX II UCITS ETF -Dist EUR- is an exchange-traded fund (ETF) from Amundi, launched in 2005. It tracks the TOPIX — 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 0.45% a year — about £45 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£178.55** (06/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | JPNU | | ISIN | FR0010245514 | | Also listed as | LYY4 (Xetra, euros) | | Category | Japan & Asia Pacific | | Type | ETF | | Provider | Amundi | | Tracks | TOPIX | | Income | Distributing | | Ongoing charge | 0.45% a year (£45 per £10,000) | | Fund size | £309m | | Launched | 2005 | | Domicile | France | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 20/09/2018 | ## Past returns (periods to 06/11/2026) 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 | +7.79% | +3.97% | income reinvested | | 3 years | +46.12% | +32.02% | income reinvested | | 5 years | +42.17% | +10.97% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Amundi Japan TOPIX II UCITS ETF -Dist EUR- in pounds (price only, income paid out not included): 2022 −7.5%, 2023 +11.6%, 2024 +8.0%, 2025 +16.6%; 2026 to 06/11/2026 +11.7%. Returns of Amundi Japan TOPIX II UCITS ETF -Dist EUR- in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +25.3%; to 30/09/2025: +15.8%; to 30/09/2024: +8.4%; to 30/09/2023: +11.8%; to 30/09/2022: −12.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -7.5% | -15.4% | Price | | 2023 | +11.6% | +7.2% | Price | | 2024 | +8.0% | +4.4% | Price | | 2025 | +16.6% | +12.6% | Price | | 2026 to 06/11/2026 | +11.7% | +8.1% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 18.73% | -10.63% | | 3 years | 16.41% | -12.55% | | 5 years | 15.37% | -16.58% | ## Largest fall Volatility of Amundi Japan TOPIX II UCITS ETF -Dist EUR- in pounds, annualised from weekly returns to 06/11/2026: 18.7% over 1 year, 16.4% over 3 years, 15.4% over 5 years. Largest fall in the price of Amundi Japan TOPIX II UCITS ETF -Dist EUR- since November 2021, in pounds: −16.5% from 12/11/2021 to 17/06/2022. The lowest 12-month return of Amundi Japan TOPIX II UCITS ETF -Dist EUR- in pounds (price only, income paid out not included) since January 2021 was −14.4% (12 months to 16/09/2022); the highest was +38.1% (12 months to 03/04/2026). On 06/11/2026 the price of Amundi Japan TOPIX II UCITS ETF -Dist EUR- was 9.3% below its highest weekly close since November 2021 (02/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Amundi Japan TOPIX II UCITS ETF -Dist EUR- 0.45% a year. Compared on 11/11/2026, 22 of the 108 other Japan and Asia Pacific share funds charge more, 5 the same and 81 less (share classes counted once). ## Funds tracking the same index 4 funds track TOPIX, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.48% a year (10/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi Index Solutions - Japan TOPIX UCITS ETF | 0.20% | +8.2% | +47.6% | +44.3% | | Amundi Japan TOPIX II UCITS ETF -Dist EUR- (this fund) | 0.45% | +7.8% | +46.1% | +42.2% | | Amundi Japan TOPIX UCITS ETF - Daily Hedged GBP (C) | 0.48% | +20.9% | +90.3% | +136.8% | | Amundi Japan Topix UCITS ETF - Daily Hedged USD (C) | 0.48% | +19.0% | +74.5% | +145.4% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.45%** per year (as of 06/11/2026) - 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. ## What it holds As of 04/11/2026, JPNU holds 1,510 positions, according to its published holdings. The largest is Mitsubishi UFJ Financial Group at 3.70% of the fund; the ten largest make up 22.9%. ### Top holdings Largest positions (as of 04/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Mitsubishi UFJ Financial Group | [8306](https://fundology.uk/stock/8306) | 3.70% | | 2 | Toyota Motor | [7203](https://fundology.uk/stock/7203) | 2.63% | | 3 | Recruit | [6098](https://fundology.uk/stock/6098) | 2.39% | | 4 | Sumitomo Mitsui Financial Group | [8316](https://fundology.uk/stock/8316) | 2.37% | | 5 | Sony Group | [6758](https://fundology.uk/stock/6758) | 2.32% | | 6 | Hitachi | [6501](https://fundology.uk/stock/6501) | 2.20% | | 7 | Advantest | [6857](https://fundology.uk/stock/6857) | 2.01% | | 8 | Mizuho Financial Group | [8411](https://fundology.uk/stock/8411) | 1.83% | | 9 | Tokyo Electron | [8035](https://fundology.uk/stock/8035) | 1.80% | | 10 | Mitsubishi | [8058](https://fundology.uk/stock/8058) | 1.64% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector As published for the fund, as of 04/11/2026. | Sector | Weight | |---|---| | Industrials | 25.8% | | Financials | 18.4% | | Consumer Discretionary | 15.0% | | Information Technology | 14.9% | | Communication Services | 6.2% | | Health Care | 5.5% | | Materials | 5.1% | | Consumer Staples | 5.0% | | Other sectors | 4.0% | The 1,047 holdings on record (of 1,510 reported): https://fundology.uk/fund/jpnu/holdings ## Questions people ask **What is the ongoing charge of JPNU?** The ongoing charge of JPNU is 0.45% a year — about £45 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 Amundi Japan TOPIX II UCITS ETF -Dist EUR- 0.45% a year. Compared on 11/11/2026, 22 of the 108 other Japan and Asia Pacific share funds charge more, 5 the same and 81 less (share classes counted once). **What does JPNU track?** JPNU tracks the TOPIX — large and medium-sized Japanese companies. **Is JPNU accumulating or distributing?** JPNU is distributing: income is paid out to holders as cash, usually a few times a year. It pays out annual. **What is the ISIN of JPNU?** The ISIN of JPNU is FR0010245514. An ISIN identifies one exact share class of a fund; JPNU is its ticker on the London Stock Exchange. The same share class is also listed as LYY4 (Xetra, euros). **What does JPNU hold?** As of 04/11/2026, JPNU holds 1,510 positions, according to its published holdings. The largest is Mitsubishi UFJ Financial Group at 3.70% of the fund; the ten largest make up 22.9%. Its ten largest holdings are Mitsubishi UFJ Financial Group (3.70%), Toyota Motor (2.63%), Recruit (2.39%), Sumitomo Mitsui Financial Group (2.37%), Sony Group (2.32%), Hitachi (2.20%), Advantest (2.01%), Mizuho Financial Group (1.83%), Tokyo Electron (1.80%) and Mitsubishi (1.64%). **What were JPNU’s returns in each of the last five years?** Calendar-year returns of JPNU in pounds (price only, income paid out not included): 2022 −7.5%, 2023 +11.6%, 2024 +8.0%, 2025 +16.6%; 2026 to 06/11/2026 +11.7%. Past performance is not a guide to future returns. **How has JPNU done after inflation?** Over the five years to 06/11/2026 JPNU’s total return was +42.2%, or +11.0% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Amundi](https://www.amundietf.co.uk/en/professional/products/equity/amundi-japan-topix-ii-ucits-etf-eur-dist/fr0010245514) - Links checked 12/10/2026. --- 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.