# Multi Units Luxembourg SICAV - Amundi Core MSCI Japan UCITS ETF Acc (LCJP)

**Source:** https://fundology.uk/fund/lcjp · ISIN LU1781541252 · 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, LCJP (Amundi Core MSCI Japan UCITS ETF Acc, ISIN LU1781541252) closed at £20.56 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 30/09/2026 its total return was +56.1%, or +22.0% after UK CPIH inflation.

## Summary

Multi Units Luxembourg SICAV - Amundi Core MSCI Japan UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, launched in 2018. 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: **£20.56** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | LCJP |
| ISIN | LU1781541252 |
| Category | Japan & Asia Pacific |
| Type | ETF |
| Provider | Amundi |
| Tracks | MSCI Japan |
| Income | Accumulating |
| Ongoing charge | 0.12% a year (£12 per £10,000) |
| Fund size | £3.5bn |
| 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 | +27.11% | +23.12% | income reinvested |
| 3 years | +61.76% | +45.97% | income reinvested |
| 5 years | +56.09% | +22.02% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Multi Units Luxembourg SICAV - Amundi Core MSCI Japan UCITS ETF Acc in pounds (price, with income reinvested in the fund): 2022 −7.1%, 2023 +14.0%, 2024 +9.5%, 2025 +16.8%; 2026 to 30/09/2026 +24.5%. Returns of Multi Units Luxembourg SICAV - Amundi Core MSCI Japan UCITS ETF Acc in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +29.2%; to 30/09/2025: +14.9%; to 30/09/2024: +10.7%; to 30/09/2023: +13.7%; to 30/09/2022: −14.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -7.1% | -15.0% | Price |
| 2023 | +14.0% | +9.5% | Price |
| 2024 | +9.5% | +5.7% | Price |
| 2025 | +16.8% | +12.8% | Price |
| 2026 to 30/09/2026 | +24.5% | +21.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 19.55% | -10.64% |
| 3 years | 17.30% | -13.18% |
| 5 years | 16.06% | -16.35% |

## Largest fall

Volatility of Multi Units Luxembourg SICAV - Amundi Core MSCI Japan UCITS ETF Acc in pounds, annualised from weekly returns to 30/09/2026: 19.6% over 1 year, 17.3% over 3 years, 16.1% over 5 years. Largest fall in the price of Multi Units Luxembourg SICAV - Amundi Core MSCI Japan UCITS ETF Acc since October 2021, in pounds: −16.3% from 12/11/2021 to 17/06/2022. The lowest 12-month return of Multi Units Luxembourg SICAV - Amundi Core MSCI Japan UCITS ETF Acc in pounds (price, with income reinvested in the fund) since January 2021 was −13.0% (12 months to 16/09/2022); the highest was +42.3% (12 months to 19/06/2026). On 30/09/2026 the price of Multi Units Luxembourg SICAV - Amundi Core MSCI Japan UCITS ETF Acc was at its highest weekly close since October 2021, in pounds.

## Charges compared with similar funds

Ongoing charge of Multi Units Luxembourg SICAV - Amundi Core MSCI Japan UCITS ETF Acc 0.12% a year, as of 01/10/2026: 75 of the 92 other Japan and Asia Pacific share funds charge more, 7 the same and 10 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 0.48% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| HSBC MSCI Japan UCITS ETF Accum Shs USD | 0.19% | +26.5% | +37.8% | — |
| HSBC MSCI Japan UCITS ETF USD | 0.12% | +26.8% | +61.3% | +55.7% |
| Invesco MSCI Japan UCITS ETF | 0.19% | +26.5% | +55.5% | +51.1% |
| iShares MSCI Japan UCITS ETF | 0.48% | +26.9% | +61.3% | +54.8% |
| iShares MSCI Japan UCITS ETF USD (Dist) | 0.12% | +26.9% | +61.3% | +54.4% |
| Multi Units Luxembourg SICAV - Amundi Core MSCI Japan UCITS ETF Acc (this fund) | 0.12% | +27.1% | +61.8% | +56.1% |
| State Street SPDR MSCI Japan UCITS ETF | 0.12% | +27.1% | +61.7% | +56.0% |
| UBS Core MSCI Japan UCITS ETF Capitalisation -USD- | 0.10% | — | — | — |
| UBS Core MSCI Japan UCITS ETF JPY dis Distribution | 0.12% | +27.0% | +61.7% | +56.0% |
| UBS Core MSCI Japan UCITS ETF-JPY acc- Capitalisation | 0.12% | +26.4% | +62.0% | +55.5% |
| Xtrackers MSCI Japan UCITS ETF | 0.40% | +30.8% | +92.2% | +126.8% |
| Xtrackers MSCI Japan UCITS ETF 1D Distribution | 0.15% | +27.2% | +42.5% | — |
| Xtrackers MSCI JAPAN UCITS ETF Capitalisation 1C | 0.20% | +26.9% | +61.4% | +55.8% |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.12%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 29/09/2026):

| Holding | Weight |
|---|---|
| Mitsubishi UFJ Financial Group | 4.61% |
| Toyota Motor | 3.29% |
| Tokyo Electron JPY50 | 3.08% |
| Advantest Corp Y50 | 2.99% |
| Sumitomo Mitsui Financial Group | 2.94% |
| Hitachi | 2.91% |
| SoftBank Group | 2.69% |
| Recruit | 2.66% |
| Sony Group Corp (Jt) | 2.61% |
| Kioxia | 2.47% |

## 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 |
|---|---|
| Industrials | 24.1% |
| Financials | 19.2% |
| Information Technology | 19.1% |
| Consumer Discretionary | 14.5% |
| Communication Services | 7.0% |
| Health Care | 5.3% |
| Consumer Staples | 3.6% |
| Materials | 3.6% |
| Other sectors | 3.6% |

All 168 holdings: https://fundology.uk/fund/lcjp/holdings

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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.
