(PR1J) Amundi Prime Japan DR (D) - Ratings and Ratios

Amundi Prime Japan UCITS ETF DR (D) is a Luxembourg-domiciled exchange-traded fund listed on XETRA under the ticker symbol PR1J. It is designed to provide exposure to large-cap Japanese equities, making it a targeted option for investors seeking to allocate to Japans prominent companies.

The fund tracks the Morningstar Japan TME NR JPY index, which offers a broad representation of Japans large-cap market. With an AUM of 177.46 billion EUR, it is a substantial fund, indicating significant investor interest and liquidity. This size often translates to tighter bid-ask spreads, which can be advantageous for both retail and institutional traders.

As a UCITS-compliant ETF, it adheres to strict regulatory standards, providing a level of investor protection and transparency. The funds structure allows it to be traded on XETRA, appealing to European investors who prefer the familiarity of a regulated market. Its focus on large-cap Japanese equities means it is heavily exposed to sectors such as technology, automotive, and financials, which are pivotal to Japans economy.

One key consideration for investors is the funds tracking difference, which measures how closely it follows its underlying index. While historical data would be needed to assess this, the funds scale often helps in minimizing deviations. Additionally, as an ETF, it offers the flexibility to trade throughout the day, unlike mutual funds that settle at the end of the trading day.

Its worth noting that the fund does not provide explicit P/E, P/B, or P/S ratios, as these are typically metrics associated with actively managed funds or individual stocks. Instead, investors should evaluate it based on its ability to replicate the Morningstar Japan TME NR JPY index and its overall cost structure.