UCITS Alternatives to 1622 (NEXT FUNDS Automobiles ETF)
1622 is a popular ETF listed on the JP market. It tracks the TOPIX-17 Automobiles. Due to EU regulations (MiFID II/PRIIPs), European investors cannot directly purchase non-UCITS ETFs. We found 5 UCITS-compliant alternatives that provide similar market exposure.
UCITS Alternatives
5 found| ETF Name | ISIN | TER | AUM | Dist. | Replication |
|---|---|---|---|---|---|
| SimilariShares Core MSCI Japan IMI UCITS ETF USD (Acc) | IE00B4L5YX21 |
0.15% | €5.0B | Acc | physical-sampling |
| SimilarVanguard FTSE Japan UCITS ETF USD (Dist) | IE00BFXR5V83 |
0.15% | €2.5B | Dist | Physical |
| SimilariShares MSCI Japan UCITS ETF USD (Dist) | IE00B02KXH56 |
0.48% | €1.2B | Dist | Physical |
| SimilarXtrackers Nikkei 225 UCITS ETF 1D | LU0839027447 |
0.09% | €2.3B | Dist | Physical |
| ProxyXtrackers MSCI World Consumer Staples UCITS ETF 1C | IE00BM67HN09 |
0.25% | €1.1B | Acc | Physical |
About 1622
Where to Buy UCITS ETFs
FAQ
What does 1622 track?
1622 (NEXT FUNDS Automobiles ETF) is an ETF listed on JP that tracks the TOPIX-17 Automobiles. It is one of the popular ETFs in its category.
Why can't I buy 1622 in Europe?
Under EU MiFID II and PRIIPs regulations, brokers in the European Economic Area cannot sell ETFs that don't provide a Key Information Document (KID) in the local language. Most non-EU ETFs, including 1622, don't comply with these requirements.
What is the best UCITS alternative to 1622?
The closest UCITS alternative is iShares Core MSCI Japan IMI UCITS ETF USD (Acc) (IE00B4L5YX21). We identified 5 UCITS ETFs that offer similar exposure. Compare them in the table above to find the best fit.