UCITS Alternatives to 1628 (NEXT FUNDS Banking ETF)
1628 is a popular ETF listed on the JP market. It tracks the TOPIX-17 Banks. Due to EU regulations (MiFID II/PRIIPs), European investors cannot directly purchase non-UCITS ETFs. We found 8 UCITS-compliant alternatives that provide similar market exposure.
UCITS Alternatives
8 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 |
| ProxyiShares S&P 500 Financials Sector UCITS ETF USD (Acc) | IE00B4JNQZ49 |
0.15% | €2.2B | Acc | Physical |
| ProxyAmundi MSCI Europe Banks UCITS ETF Acc | LU1681044308 |
0.25% | €1.5B | Acc | Synthetic |
| ProxyXtrackers MSCI World Financials UCITS ETF 1C | IE00BM67HL84 |
0.25% | €1.5B | Acc | Physical |
| ProxyiShares MSCI World Financials Sector UCITS ETF | IE00BMW42J20 |
0.25% | €1.2B | Acc | Physical |
About 1628
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FAQ
What does 1628 track?
1628 (NEXT FUNDS Banking ETF) is an ETF listed on JP that tracks the TOPIX-17 Banks. It is one of the popular ETFs in its category.
Why can't I buy 1628 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 1628, don't comply with these requirements.
What is the best UCITS alternative to 1628?
The closest UCITS alternative is iShares Core MSCI Japan IMI UCITS ETF USD (Acc) (IE00B4L5YX21). We identified 8 UCITS ETFs that offer similar exposure. Compare them in the table above to find the best fit.