PRAJ 📈 Amundi Index Solutions - - Overview

Amundi Index Solutions - Amundi Prime Japan UCITS ETF DR (C), listed on XETRA as PRAJ, is a financial instrument designed to track the performance of the Japanese large-cap equity market. The fund is domiciled in Luxembourg, a well-established hub for investment funds due to its favorable regulatory environment and tax efficiency. This ETF is part of the Amundi group, one of the largest asset managers in Europe, with a comprehensive range of financial services and products, including the website https://first-eagle.amundi.com/ which provides detailed information on their offerings.

The Amundi Prime Japan UCITS ETF DR (C) is indexed to the Morningstar Japan TME NR JPY, an index that captures the performance of the Japanese equity market, focusing on large-cap stocks. The ISIN code for this ETF is LU2089238385, a unique identifier used for clearing and settlement purposes. As an ETF, it combines the benefits of index funds with the flexibility of individual stocks, allowing investors to buy and sell units throughout the trading day. This product falls under the Japan Large-Cap Equity ETF category, catering to investors seeking exposure to the Japanese market's largest and most established companies.

Investing in the Amundi Prime Japan UCITS ETF DR (C) provides investors with a diversified portfolio of Japanese large-cap equities, offering a broad market exposure with the potential for long-term growth. The UCITS (Undertakings for the Collective Investment in Transferable Securities) framework ensures that the fund operates under a strict regulatory regime, enhancing investor protection and facilitating cross-border distribution within the European Union. This makes the Amundi Prime Japan UCITS ETF DR (C) an attractive option for investors looking to tap into the Japanese equity market, with the reassurance of a well-regulated and transparent investment vehicle.