Vanguard FTSE Japan

Japanese companies

(VJPN)

£28.94

Previous business day’s close price

+£15.38 (+88.92%)

max available period

£14.90

£33.40

01 Jan 16

10 Dec 24

Details

ETF description

This ETF invests in a broad range of large and mid‑sized companies listed on the Japanese stock market. It provides exposure to various sectors of the Japanese economy, such as technology, consumer goods, and industrials. The fund seeks to track an index that represents the performance of these companies, offering investors a way to participate in the growth of Japan’s economy.

This ETF may appeal to investors looking to diversify their portfolio by gaining exposure to Japan, one of the world’s largest and most developed economies.

Issuer details

Vanguard is the largest provider of mutual funds and the second‑largest provider of ETFs in the world.

Vanguard is a major American investment management company headquartered in Malvern, Pennsylvania. It’s known for being the largest provider of mutual funds in the world and the second‑largest provider of ETFs after BlackRock’s iShares with over $8trn in global assets under management (as at June 2024). Vanguard was founded in 1975 by John C. Bogle and is notable for its unique ownership structure ‑ it is owned by its funds, which in turn are owned by their shareholders. This structure is designed to align Vanguard’s interests with those of its investors, helping to keep costs low.

This ETF is in collections:

Leading global indices

Key information

Key investor information

ETF Breakdown

Toyota Motor Corporation

4.6%

Mitsubishi UFJ Financial Group, Inc.

2.7%

Hitachi Ltd.

2.5%

Sony

2.4%

Keyence Corporation

2.0%

Recruit Holdings Co. Ltd.

1.8%

Sumitomo Mitsui Financial Group Inc

1.8%

Mitsubishi Corporation

1.6%

Shin‑Etsu Chemical Co. Ltd.

1.6%

Tokio Marine Holdings Inc

1.5%

Itochu Techno‑Solutions Corp.

1.5%

Tokyo Electron Device

1.5%

Daiichi Sankyo Co., Ltd.

1.3%

SoftBank Group Corp.

1.3%

Mitsui & Co. Ltd

1.3%

Fast Retailing Co. Ltd.

1.3%

Nintendo Co. Ltd

1.2%

Mizuho Financial Group, Inc.

1.2%

Honda Motor

1.1%

Hoya

1.0%

KDDI Corp.

1.0%

Advantest Corporation

1.0%

Takeda Pharmaceutical Co

1.0%

Mitsubishi Heavy Industries Ltd.

0.9%

SoftBank Corp.

0.8%

Japan Tobacco Inc.

0.7%

Seven&I Holdings Co., Ltd.

0.7%

Daikin Industries Ltd

0.7%

Fujitsu Limited

0.7%

Chugai Ro Co Ltd

0.7%

Mitsubishi Electric Corporation

0.7%

Canon Inc.

0.7%

MS & AD Insurance Group Holdings, Inc.

0.7%

Murata Manufacturing Co. Ltd.

0.7%

Denso

0.7%

Otsuka Holdings Co Ltd

0.6%

Fujifilm Holdings Corp.

0.6%

Terumo Corporation

0.6%

Nippon Telegraph and Telephone

0.6%

Oriental Land Co. Ltd.

0.6%

Fanuc

0.6%

Disco Corporation

0.5%

Marubeni Corporation

0.5%

SMC

0.5%

Komatsu Ltd

0.5%

Orix

0.5%

Mitsui Fudosan Co. Ltd.

0.5%

Dai‑ichi Life Holdings Inc

0.5%

NEC

0.5%

East Japan Railway Company

0.5%

TDK

0.5%

Sumitomo Corporation

0.5%

Astellas Pharma Inc.

0.5%

Renesas Electronics Corporation

0.5%

Nidec Copal

0.5%

Kao

0.4%

Bridgestone Corporation

0.4%

Sompo Holdings Inc.

0.4%

Olympus Corp.

0.4%

Central Japan Railway Co

0.4%

Ajinomoto Co. Inc

0.4%

Suzuki Motor Corp.

0.4%

Japan Post Holdings Co Ltd

0.4%

Aeon Co. Ltd.

0.4%

Nippon Steel Corporation

0.4%

Panasonic Holdings Corporation

0.4%

Asahi Group Holdings Ltd.

0.4%

Mitsubishi Estate Company Limited

0.4%

Sumitomo Mitsui Trust Holdings Inc.

0.3%

JXTG Holdings

0.3%

Nippon Yusen KK

0.3%

Nomura Holdings Inc.

0.3%

Resona Holdings, Inc.

0.3%

Secom Co. Ltd.

0.3%

Sekisui House Ltd.

0.3%

Lasertec Corporation

0.3%

Japan Post Bank Co Ltd.

0.3%

Sumitomo Realty & Development Co Ltd

0.3%

Kubota

0.3%

Nomura Research Institute Ltd.

0.3%

Japan Exchange Group Inc.

0.3%

Unicharm

0.3%

Kyocera

0.3%

Bandai Namco Holdings Inc

0.3%

Asics Corp

0.3%

Sumitomo Electric Industries Ltd.

0.3%

Nitto Denko Corporation

0.3%

Kansai Electric Power Company Incorporated

0.3%

Toyota Tsusho Corporation

0.3%

Mitsui O S K Lines Ltd.

0.3%

Kirin Holdings Co., Ltd.

0.3%

Toyota Industries Corp.

0.2%

Shimano Inc.

0.2%

Inpex

0.2%

Subaru Corporation

0.2%

Obic Co. Ltd.

0.2%

KIKKOMAN SHOYU CO

0.2%

Sysmex Corporation

0.2%

Shionogi & Co. Ltd.

0.2%

NTT Data Corporation

0.2%

Pan Pacific International Holdings Corp

0.2%

Fujikura Ltd.

0.2%

Nitori Holdings Co., Ltd.

0.2%

Eisai Co Ltd

0.2%

Daiwa Securities Group Inc

0.2%

Konami Holdings Corporation

0.2%

Tokyo Gas Co. Ltd.

0.2%

Asahi Kasei Corp

0.2%

Shiseido Company Limited

0.2%

Rakuten

0.2%

Idemitsu Kosan Co

0.2%

Obayashi Corporation

0.2%

Toray Industries Inc

0.2%

Toppan Printing Co

0.2%

West Japan Railway Company

0.2%

T&D Holdings Inc.

0.2%

Makita Corporation

0.2%

Shimadzu Corporation

0.2%

Osaka Gas Co. Ltd.

0.2%

Yamaha Motor Co Ltd

0.2%

Dentsu Group Inc

0.2%

Kajima Corp

0.2%

Dai Nippon Printing Co Ltd

0.2%

Nippon Paint Holdings Co. Ltd.

0.2%

Chubu Electric Power Co Inc

0.2%

Yaskawa Electric Corporation

0.2%

Isuzu Motors Ltd

0.2%

Nexon Co Ltd

0.2%

Omron

0.2%

Minebea Mitsumi Inc.

0.2%

Z Holdings

0.2%

Capcom Co Ltd

0.2%

JFE Holdings, Inc.

0.2%

Ebara Corp

0.2%

Taisei Corporation

0.2%

Mitsubishi Chemical Holdings Corp.

0.2%

Trend Micro Incorporated

0.2%

IHI Corp.

0.2%

Sumitomo Metal Mining Co. Ltd.

0.1%

Fuji Electric Co

0.1%

Nippon Building Fund

0.1%

Daito Trust Construction Co Ltd

0.1%

Taiyo Nippon Sanso

0.1%

Yakult Honsha Co Ltd

0.1%

Ricoh Company Ltd

0.1%

SBI Holdings, Inc.

0.1%

Tokyo Electric Power Company Holdings Incorporated

0.1%

Tokyu

0.1%

Hankyu Hanshin Holdings, Inc.

0.1%

Meiji Holdings Co. Ltd

0.1%

Mitsubishi UFJ Lease & Finance Co

0.1%

Kawasaki Heavy Industries Ltd

0.1%

Sekisui Chemical Co. Ltd.

0.1%

TIS Inc

0.1%

Kawasaki Kisen Kaisha Ltd

0.1%

Nissin Food Holdings Co Ltd

0.1%

Sumitomo Forestry Co. Ltd.

0.1%

Daifuku Co. Ltd

0.1%

Concordia Financial Group Ltd.

0.1%

AGC Inc

0.1%

Ono Pharmaceutical Co. Ltd

0.1%

Toyo Suisan Kaisha Ltd

0.1%

Screen Holdings Co. Ltd.

0.1%

Yokogawa Electric Corporation

0.1%

Isetan Mitsukoshi Holdings Ltd.

0.1%

Hikari Tsushin Inc

0.1%

NGK Spark Plug Co. Ltd.

0.1%

Sanwa Holdings Corp.

0.1%

MatsukiyoCocokara & Co.

0.1%

Chiba Bank Ltd.

0.1%

Sanrio Company Ltd.

0.1%

Seiko Epson Corp

0.1%

Japan Real Estate Investment

0.1%

Aisin Seiki Co

0.1%

Kyushu Electric Power Co. Inc

0.1%

Nissan Motor Co. Ltd.

0.1%

Tohoku Electric Power Company Incorporated

0.1%

Seibu holdings Inc

0.1%

Otsuka Corp.

0.1%

Misumi Group Inc.

0.1%

Brother Industries Ltd

0.1%

Zensho Holdings Co Ltd

< 0.1%

Sojitz Corp.

< 0.1%

M3, Inc.

< 0.1%

Resonac Holdings Corporation

< 0.1%

Rohto Pharmaceutical Co. Ltd.

< 0.1%

BayCurrent Consulting Inc.

< 0.1%

Nissan Chemical Corporation

< 0.1%

Suntory Beverage & Food Limited

< 0.1%

Nomura Real Estate Master Fund

< 0.1%

Kyoto Financial Group Inc Jpy Npv

< 0.1%

Japan Retail Fund Investment

< 0.1%

Kintetsu Group Holdings Co Ltd

< 0.1%

Kuraray Co. Ltd

< 0.1%

Kurita Water Industries Ltd

< 0.1%

Mazda Motor Corporation

< 0.1%

SG Holdings

< 0.1%

GLP J‑REIT

< 0.1%

Sumitomo Chemical Company Limited

< 0.1%

Kyowa Kirin Co. Ltd.

< 0.1%

Toto Ltd

< 0.1%

Hoshizaki Corporation

< 0.1%

Nippon Prologis REIT

< 0.1%

Azbil Corporation

< 0.1%

Mitsui Toatsu Chemicals

< 0.1%

Ryohin Keikaku Co. Ltd.

< 0.1%

Hulic Co. Ltd.

< 0.1%

Kenedix Office Investment Corp

< 0.1%

Tokyu Fudosan Holdings Corporation

< 0.1%

Nikon

< 0.1%

Kyushu Railway Company

< 0.1%

Fukuoka Financial Group, Inc.

< 0.1%

Rohm Company Limited

< 0.1%

Fuji Soft Inc.

< 0.1%

McDonald`s Holdings Co. (Japan) Ltd.

< 0.1%

Nippon Express Holdings Inc.

< 0.1%

Monotaro

< 0.1%

Kobe Steel Ltd

< 0.1%

Mebuki Financial Group Inc.

< 0.1%

NOF Corp

< 0.1%

Shizuoka Financial Group Inc.

< 0.1%

Keisei Electric Railway Co. Ltd

< 0.1%

Zozo Inc.

< 0.1%

Ibiden Co Ltd

< 0.1%

Shimizu Corporation

< 0.1%

Santen Pharmaceutical Co. Ltd.

< 0.1%

NH Foods Ltd

< 0.1%

Tosoh

< 0.1%

Credit Saison Co Ltd

< 0.1%

Kobe Bussan Co., Ltd.

< 0.1%

Skylark Holdings Co. Ltd.

< 0.1%

USS Co

< 0.1%

Hamamatsu Photonics K.K.

< 0.1%

Socionext Inc

< 0.1%

Daiwa House REIT Investment

< 0.1%

Hirose Electric Co. Ltd

< 0.1%

Odakyu Electric Railway Co. Ltd.

< 0.1%

Oji Holdings Corporation

< 0.1%

Sumco Corp.

< 0.1%

Tobu Railway Co. Ltd.

< 0.1%

Mitsubishi Gas Chemical Company Inc.

< 0.1%

Amida Holdings Co. Ltd.

< 0.1%

Tokyo Tatemono Co. Ltd

< 0.1%

Japan Post Insurance Co Ltd.

< 0.1%

Asahi Intecc Co. Ltd.

< 0.1%

Oracle Corporation Japan

< 0.1%

Yamaha Corporation

< 0.1%

Ana Holdings Inc.

< 0.1%

Haseko Corporation

< 0.1%

Medipal Holdings Corporation

< 0.1%

Cosmo Energy Holdings Company Limited

< 0.1%

Invincible Investment Corp

< 0.1%

LIXIL Group

< 0.1%

Sapporo Holdings Ltd.

< 0.1%

NGK Insulators Ltd.

< 0.1%

Nisshin Seifun Group Inc

< 0.1%

Square Enix Holdings Co. Ltd

< 0.1%

Persol Holdings Co Ltd

< 0.1%

Sega Sammy Holdings Inc.

< 0.1%

Yamato Holdings Co., Ltd.

< 0.1%

Marui Group Co., Ltd.

< 0.1%

Nichirei Corporation

< 0.1%

CyberAgent

< 0.1%

Electric Power Development

< 0.1%

Open House Co Ltd

< 0.1%

Orix JREIT Inc

< 0.1%

Sohgo Security Services Co. Ltd.

< 0.1%

SCSK Corp

< 0.1%

Yokohama Rubber Co. Ltd

< 0.1%

Advance Residence Investment Corp

< 0.1%

Yamazaki Baking Co Ltd

< 0.1%

Nomura Real Estate Holdings Inc

< 0.1%

United Urban Investment

< 0.1%

Iyogin Holdings Inc

< 0.1%

Iwatani Corporation

< 0.1%

Lion

< 0.1%

Koito Manufacturing Co. Ltd

< 0.1%

Keio

< 0.1%

Japan Airport Terminal Co. Ltd.

< 0.1%

Tokyo Century Corporation

< 0.1%

Kansai Paint Co. Ltd

< 0.1%

Tokyo Ohka Kogyo Co. Ltd

< 0.1%

Suzuken Co. Ltd.

< 0.1%

Kinden Corp

< 0.1%

DMG Mori Co Ltd

< 0.1%

J Front Retailing Co Ltd

< 0.1%

Gmo Payment Gateway Inc

< 0.1%

Taiheiyo Cement Corporation

< 0.1%

Kewpie Corporation

< 0.1%

Sumitomo Heavy Industries Ltd.

< 0.1%

Dexerials Corporation

< 0.1%

Horiba Ltd

< 0.1%

Shinko Electric Industries Co. Ltd.

< 0.1%

Comsys Holdings Co

< 0.1%

Japan Airlines Company Ltd.

< 0.1%

Hachijuni Bank Ltd.

< 0.1%

Aozora Bank

< 0.1%

Ulvac Inc.

< 0.1%

Hitachi Construction Machinery Co. Ltd

< 0.1%

Japan Hotel Reit Investment Corp

< 0.1%

Miura Co. Ltd.

< 0.1%

Toyo Seikan Group Holdings Ltd.

< 0.1%

Shimamura Co. Ltd.

< 0.1%

Maruwa Co. Ltd

< 0.1%

Kokusai Electric Corp

< 0.1%

Air Water Inc

< 0.1%

Tsuruha Holdings Inc.

< 0.1%

Sankyo Co

< 0.1%

Rinnai Corporation

< 0.1%

Nihon Kohden Corporation

< 0.1%

Nihon Unisys Ltd

< 0.1%

Alfresa Holdings Corp

< 0.1%

Taiyo Yuden Co. Ltd

< 0.1%

Food & Life Companies Ltd.

< 0.1%

Chugoku Electric Power Company Incorporated

< 0.1%

Nagoya Railroad Co. Ltd

< 0.1%

Toho Gas Co. Ltd.

< 0.1%

Japan Steel Works Ltd

< 0.1%

Kobayashi Pharmaceutical Co. Ltd

< 0.1%

Mitsubishi Logistics Corporation

< 0.1%

Takashimaya Co Ltd

< 0.1%

Nagase & Co. Ltd

< 0.1%

Mitsubishi Materials Corporation

< 0.1%

Tsumura & Co.

< 0.1%

Daicel

< 0.1%

Internet Initiative Japan Inc

< 0.1%

Tokyo Seimitsu Co. Ltd.

< 0.1%

Thk Co. Ltd

< 0.1%

Iida Group Holdings Co

< 0.1%

Exeo Group Inc.

< 0.1%

Japan Prime Realty Investment

< 0.1%

Sekisui House Reit Inc

< 0.1%

Mitsui Fudosan Logistics Park Inc

< 0.1%

Seino Holdings Co., Ltd.

< 0.1%

Hirogin Holdings Inc.

< 0.1%

Gunma Bank Ltd.

< 0.1%

Alps Alpine Co Ltd

< 0.1%

Mitsubishi Motors Corporation

< 0.1%

NHK Spring Co. Ltd.

< 0.1%

Stanley Electric Co. Ltd.

< 0.1%

Yamaguchi Financial Group, Inc.

< 0.1%

Kamigumi Co. Ltd

< 0.1%

TechnoPro Holdings Inc.

< 0.1%

Net One Systems Co. Ltd

< 0.1%

Nifco Inc.

< 0.1%

Amano Corp

< 0.1%

Keikyu Corporation

< 0.1%

Hakuhodo DY Holdings Inc

< 0.1%

Kadokawa Corp.

< 0.1%

NSK Ltd.

< 0.1%

Takasago Thermal Engineering Co. Ltd

< 0.1%

JGC Holdings Corporation

< 0.1%

Kose

< 0.1%

Goldwin Inc

< 0.1%

Sumitomo Rubber Industries Ltd.

< 0.1%

Coca‑Cola Bottlers Japan

< 0.1%

Konica Minolta Inc.

< 0.1%

Mitsui Mining and Smelting Company Limited

< 0.1%

Nippon Accommodations Fund Inc

< 0.1%

Nabtesco Corp.

< 0.1%

Keihan Holdings Co. Ltd.

< 0.1%

Zenkoku Hosho Co Ltd

< 0.1%

Industrial & Infrastructure Fund Investment Corp

< 0.1%

Kagome Co. Ltd

< 0.1%

Rakuten Bank Ltd

< 0.1%

DIC Corp

< 0.1%

KaKaKu.com, Inc

< 0.1%

Sankyu Inc.

< 0.1%

Hisamitsu Pharmaceutical Co Ltd

< 0.1%

Sumitomo Bakelite Company Limited

< 0.1%

LaSalle Logiport REIT

< 0.1%

PeptiDream Inc.

< 0.1%

Kyushu Financial Group Inc

< 0.1%

Kyudenko Corporation

< 0.1%

Nippon Electric Glass Co. Ltd.

< 0.1%

Sundrug Co Ltd

< 0.1%

Mercari Inc

< 0.1%

Yamada Denki Co

< 0.1%

Teijin Ltd

< 0.1%

Nankai Electric Railway Co. Ltd.

< 0.1%

UBE Industries Ltd.

< 0.1%

COSMOS Pharmaceutical Corporation

< 0.1%

Yamato Kogyo Co Ltd

< 0.1%

Calbee

< 0.1%

JEOL Ltd.

< 0.1%

Morinaga Milk Industry Co. Ltd.

< 0.1%

Macnica Fuji Electronics Holdings Inc.

< 0.1%

BIC Camera Inc.

< 0.1%

Sho‑Bond Holdings Co., Ltd.

< 0.1%

GS Yuasa Corporation

< 0.1%

Dowa Holdings Co., Ltd.

< 0.1%

Chugin Financial Group Inc

< 0.1%

Park24 Co. Ltd.

< 0.1%

ABC‑Mart Inc.

< 0.1%

Koei Tecmo Holdings Co Ltd

< 0.1%

Japan Logistics Fund Inc

< 0.1%

Toda Corp

< 0.1%

NS Solutions Corp

< 0.1%

Sugi Holdings Co Ltd

< 0.1%

Kokuyo Co. Ltd

< 0.1%

Yaoko Co. Ltd.

< 0.1%

Kandenko Co. Ltd.

< 0.1%

Sawai Group Holdings Co Ltd

< 0.1%

House Foods Group Inc

< 0.1%

Ezaki Glico Co. Ltd.

< 0.1%

JTEKT Corp.

< 0.1%

Toyo Tire Corp

< 0.1%

Casio Computer Co Ltd

< 0.1%

Money Forward Inc.

< 0.1%

Activia Properties

< 0.1%

Rorze Corporation

< 0.1%

Aeon Reit Investment Corp

< 0.1%

NOK Corp

< 0.1%

Infroneer Holdings Inc

< 0.1%

K’S Holdings Corp

< 0.1%

Morinaga & Co. Ltd.

< 0.1%

NEC Networks & System Integration Corp.

< 0.1%

Frontier Real Estate Investment Corp

< 0.1%

Shikoku Electric Power Company Incorporated

< 0.1%

Nippon Shinyaku Co. Ltd.

< 0.1%

Daido Steel Co. Ltd

< 0.1%

Rengo Co. Ltd.

< 0.1%

Canon Marketing Japan Inc.

< 0.1%

Nippon Shokubai Co Ltd

< 0.1%

Mabuchi Motor Co. Ltd.

< 0.1%

Fuyo General Lease Co. Ltd.

< 0.1%

Relo Group Inc.

< 0.1%

Seven Bank Ltd.

< 0.1%

Maruichi Steel Tube Ltd.

< 0.1%

Takara Holdings Inc.

< 0.1%

Mori Hills Reit Investment Corp

< 0.1%

Rakus Co. Ltd.

< 0.1%

Sharp Corporation

< 0.1%

Sotetsu Holdings Inc

< 0.1%

Kotobuki Spirits Co., Ltd.

< 0.1%

Zeon Corp

< 0.1%

Nippon Kayaku Co. Ltd.

< 0.1%

ITO En Ltd

< 0.1%

Nihon M&A Center Holdings Inc.

< 0.1%

Daiwa Securities Living Investment Corp

< 0.1%

Welcia Holdings Co Ltd

< 0.1%

Aeon Mall Co

< 0.1%

Denka Company Limited

< 0.1%

Obic Business Consultants Co. Ltd

< 0.1%

Organo Corporation

< 0.1%

Ushio Inc.

< 0.1%

Ship Healthcare Holdings Inc

< 0.1%

Kaneka Corporation

< 0.1%

Resorttrust Inc.

< 0.1%

Penta‑Ocean Construction Co. Ltd.

< 0.1%

Toei Animation Co., Ltd.

< 0.1%

As One Corp.

< 0.1%

Nishi‑Nippon Railroad Co. Ltd

< 0.1%

Toyoda Gosei Co. Ltd

< 0.1%

Toridoll Holdings Corporation

< 0.1%

Shift Inc.

< 0.1%

Workman Co., Ltd.

< 0.1%

Daiwa Office Investment Corp

< 0.1%

Tokai Carbon Co. Ltd

< 0.1%

Aica Kogyo Co. Ltd

< 0.1%

Descente Ltd

< 0.1%

Nipro Corp

< 0.1%

GMO Internet group Inc.

< 0.1%

OSG Corp

< 0.1%

Kusuri No Aoki Co Ltd

< 0.1%

Okuma Corp.

< 0.1%

Toyota Boshoku Corporation

< 0.1%

Fuji Oil Holdings Inc.

< 0.1%

Aeon Financial Service Co Ltd.

< 0.1%

Acom Co Ltd

< 0.1%

Harmonic Drive Systems Inc

< 0.1%

TS Tech Co Ltd

< 0.1%

JMDC Inc.

< 0.1%

TBS Holdings Inc.

< 0.1%

Izumi Co Ltd

< 0.1%

Paltac Corporation.

< 0.1%

Information Services International‑Dentsu Ltd.

< 0.1%

Justsystems Corp.

< 0.1%

Mani Inc

< 0.1%

FP Corp

< 0.1%

Sbi Sumishin Net Bank Ltd

< 0.1%

Fujitsu General Limited

< 0.1%

Pola Orbis Holdings Inc.

< 0.1%

Heiwa Corporation

< 0.1%

Hino Motors Ltd

< 0.1%

Mitsui High‑tec Inc.

< 0.1%

Itoham Yonekyu Holdings Inc.

< 0.1%

Matsui Securities Co.

< 0.1%

Fuji Media Holdings Inc

< 0.1%

Noevir Holdings Co Ltd

< 0.1%

Amvis Holdings Inc.

< 0.1%

Askul Corporation

< 0.1%

Nippon Television Holdings Inc

< 0.1%

Others

1.8%

£28.94

Previous business day’s close price

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ETFs have spreads and annual charges and come with risks like market volatility, liquidity, and concentration, and may not always accurately track their index. Past performance and forecasts are not reliable indicators of future results. The value of your investments, including any income, can rise or fall. You may get back less than you originally invested.