Product description

The Invesco JPX-Nikkei 400 UCITS ETF Acc aims to provide the performance of the JPX-Nikkei 400 Net TR Index. The index provides broad exposure, across the large-cap, small-cap, growth and innovation segments of the Tokyo Stock Exchange, and focuses on companies with the potential to generate shareholder value. Developed by Nikkei and the Japan Exchange Group, the index selects stocks on the basis not only of size, but also return on equity, operating profit and corporate governance.

Security Information

General information
Base currency JPY
Dividend treatment Continuously reinvested
Minimum investment 1 share
Launch date 10 Sep 2014
Shares outstanding 886,055
Exchanges London Stock Exchange
London Stock Exchange
Deutsche Börse (Xetra)
Borsa Italiana
Further information
ISA Eligible
SIPP Eligible
UCITS Compliant
UK reporting status Yes
Passported to Austria, Finland, France, Germany, Ireland, Italy (Institutional only), Luxembourg, Netherlands, Norway, Spain, Singapore (Institutional only), Sweden, Switzerland (Institutional only), United Kingdom
Structure
Legal form UCITS
Open ended fund
Replication method Physical with swap overlay
Domicile Ireland
Financial year end 30 November
Tax information for German investors
Equity ratio 100.0000
Key service providers
Issuer Invesco Markets plc
Manager Invesco Investment Management Ltd
Investment manager Assenagon Asset Management S.A.
Fund administrator Northern Trust Securities Services (Ireland) Limited
Depositary Northern Trust Fiduciary Services (Ireland) Limited
Auditor PricewaterhouseCoopers
Promoter Invesco UK Services Limited

Key information

Bloomberg ticker N400 LN
ISIN IE00BPRCH686
DE000A119T29
Benchmark BBG ticker JPNKNTR
Management fee 0.19%
Swap fee 0.05%
NAV (24 May 2019) ¥15,124
AUM ¥19,852,089,937
Base currency JPY

Key risks

Counterparty risk:  Other financial institutions provide services such as safekeeping of assets or as a counterparty to financial contracts such as derivatives. The Fund is exposed to the risk of bankruptcy, or any other type of default of the counterparty related to any trading transaction entered into by the Fund.

Risk of using derivatives:  in order to reach its investment objective, the Fund enters into swap agreements which provide the performance of the Reference Index, and may imply a range of risks which could lead to an adjustment or even the early termination of the swap agreement.

Liquidity on secondary market risk:  Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily. On-exchange liquidity may be limited due to Reference Index suspension, a decision by one of the relevant stock exchanges, or a breach by the market maker of respective stock exchange requirements and guidelines. 

 

On 6 February 2015 the benchmark of the Source JPX-Nikkei 400 UCITS ETF changed from the JPX-Nikkei 400 Index (gross) to the JPX-Nikkei 400 Net TR Index. The performance of the JPX-Nikkei Net TR Index has been simulated prior to 6 February 2015 using returns from the gross index. Past performance (actual or simulated) is not a reliable indicator of future performance.

The data shown on this page is not real-time, i.e. it may be delayed due to mandatory requirements of the data provider. As a consequence, the price of the product linked to a specific underlying you are quoted by your broker or intermediary may substantially differ from the price of the product that you would expect on the basis of the data displayed on this site. Invesco UK Services Limited accepts no responsibility for loss, however caused, resulting from errors in this data.

ETF performance is in the fund’s base currency, includes dividends, reinvested. ETF performance is Net Asset Value after management fees and other ETF costs but does not consider any commissions or custody fees payable when buying, holding or selling the ETF. The ETF does not charge entry or exit fees. Data: Invesco.