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EUNJ

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1m

Analysis and statistics

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About

EUNJ.F is the ticker symbol for the iShares MSCI Japan EUR Hedged UCITS ETF (Acc) listed on the Frankfurt Stock Exchange (FSE). This ETF aims to track the performance of the MSCI Japan EUR Hedged Index. The index is designed to represent the Japanese equity market, while mitigating the impact of fluctuations between the Euro and Japanese Yen exchange rates. The "(Acc)" designation indicates that the fund accumulates income, meaning dividends received from the underlying holdings are reinvested within the fund, rather than being distributed to investors. The fund provides exposure to Japanese equities for Euro-based investors while attempting to remove currency risk associated with investing in Japan.
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Factors

Underlying Asset Performance: EUNJ.F's price heavily relies on the performance of the MSCI Japan index, mirroring its fluctuations.

Currency Exchange Rates: Changes in the EUR/JPY exchange rate impact EUNJ.F as it's a Euro-denominated ETF tracking Japanese equities.

Supply and Demand: General market interest and trading activity in EUNJ.F directly influence its price dynamics.

Expense Ratio and Trading Costs: The ETF's expense ratio and brokerage fees associated with buying/selling can affect returns.

Economic Conditions in Japan: Japan's economic growth, inflation, and interest rates can affect the value of Japanese stocks in EUNJ.F.

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