# UBS Core MSCI Japan UCITS ETF JPY dis Distribution (UB02) **Source:** https://fundology.uk/fund/ub02 · ISIN LU0136240974 · 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, UB02 (UBS Core MSCI Japan UCITS ETF JPY dis Distribution, ISIN LU0136240974) closed at £61.02 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 +56.0%, or +21.9% after UK CPIH inflation. ## Summary UBS Core MSCI Japan UCITS ETF JPY dis Distribution is an exchange-traded fund (ETF) from UBS, launched in 2001. 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 paid out to holders as cash, usually a few times a year. Latest close: **£61.02** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | UB02 | | ISIN | LU0136240974 | | Category | Japan & Asia Pacific | | Type | ETF | | Provider | UBS | | Tracks | MSCI Japan | | Income | Distributing | | Ongoing charge | 0.12% a year (£12 per £10,000) | | Fund size | £958m | | Launched | 2001 | | 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 | +27.00% | +23.01% | income reinvested | | 3 years | +61.68% | +45.90% | income reinvested | | 5 years | +55.98% | +21.94% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of UBS Core MSCI Japan UCITS ETF JPY dis Distribution in pounds (price only, income paid out not included): 2022 −8.9%, 2023 +11.8%, 2024 +7.7%, 2025 +15.2%; 2026 to 30/09/2026 +21.7%. Returns of UBS Core MSCI Japan UCITS ETF JPY dis Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +27.0%; to 30/09/2025: +12.6%; to 30/09/2024: +8.9%; to 30/09/2023: +11.5%; to 30/09/2022: −16.3%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -8.9% | -16.6% | Price | | 2023 | +11.8% | +7.4% | Price | | 2024 | +7.7% | +4.0% | Price | | 2025 | +15.2% | +11.2% | Price | | 2026 to 30/09/2026 | +21.7% | +18.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 19.84% | -10.68% | | 3 years | 17.38% | -14.65% | | 5 years | 16.08% | -16.93% | ## Largest fall Volatility of UBS Core MSCI Japan UCITS ETF JPY dis Distribution in pounds, annualised from weekly returns to 30/09/2026: 19.8% over 1 year, 17.4% over 3 years, 16.1% over 5 years. Largest fall in the price of UBS Core MSCI Japan UCITS ETF JPY dis Distribution since October 2021, in pounds: −16.9% from 12/11/2021 to 17/06/2022. The lowest 12-month return of UBS Core MSCI Japan UCITS ETF JPY dis Distribution in pounds (price only, income paid out not included) since January 2021 was −14.7% (12 months to 16/09/2022); the highest was +39.6% (12 months to 19/06/2026). On 30/09/2026 the price of UBS Core MSCI Japan UCITS ETF JPY dis Distribution was at its highest weekly close since October 2021, in pounds. ## Charges compared with similar funds Ongoing charge of UBS Core MSCI Japan UCITS ETF JPY dis Distribution 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 | 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 (this fund) | 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 --- 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.