iShares MSCI Japan UCITS ETF USD (Acc)

iShares MSCI Japan UCITS ETF USD (Acc) is an exchange-traded fund domiciled in Ireland and managed by BlackRock's iShares platform. It seeks to track the performance of the MSCI Japan Index, which comprises leading large- and mid-cap Japanese companies across various sectors, providing investors with broad exposure to the Japanese equity market. As an accumulating ETF, it reinvests dividends received from underlying holdings back into the fund rather than distributing them, allowing for potential compounding effects on share price growth. Key features include a low total expense ratio of 0.12% per annum, physical replication of the index for accurate tracking, and unhedged currency risk in USD, exposing investors to fluctuations between the US dollar and Japanese yen. With assets under management exceeding EUR 1 billion, it plays a significant role in offering European and global investors efficient access to Japan's economy, known for its technology, manufacturing, automotive, and financial industries. The ETF supports securities lending to generate additional income, enhancing cost efficiency. Launched in 2010, it facilitates diversified exposure to Japanese market dynamics through secondary market trading.