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SGAJ

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Analysis and statistics

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About

SGAJ.XETRA is the ticker symbol for the Amundi Index MSCI Japan SRI UCITS ETF DR, traded on the XETRA exchange. This ETF aims to replicate the performance of the MSCI Japan SRI Filtered PAB Index. The index focuses on large and mid-cap Japanese companies with high environmental, social, and governance (ESG) ratings while excluding companies involved in controversial activities. The SRI (Socially Responsible Investing) filter helps to create a portfolio that aligns with ethical investment principles, and the PAB (Paris Aligned Benchmark) designation indicates the fund is designed to align with the goals of the Paris Agreement on climate change. Investors use this ETF to gain exposure to the Japanese equity market with a focus on sustainable and responsible investing.
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Factors

Underlying Asset Performance: The price directly reflects the performance of the Japanese stocks it tracks. Strong performance in the Japanese market generally leads to a higher SGAJ.XETRA price.

Supply and Demand: Like any exchange-traded fund, supply and demand influence the price. Higher demand can drive the price above its net asset value, while increased selling pressure can push it below.

Currency Exchange Rates: As it tracks Japanese stocks but is traded in Euro, changes in the EUR/JPY exchange rate impact the ETF's price. A weaker Euro relative to the Yen can increase its price.

Management Fees and Expenses: The ETF's expense ratio and other operational costs are factored into its price. Higher expenses may lead to slightly lower returns and a lower price over time.

Market Sentiment: Broad market sentiment towards Japanese equities and the global economy can significantly affect the ETF's price, regardless of the underlying companies' specific performance.

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