Amundi MSCI World Swap II UCITS ETF Dist

What this fund is

Amundi MSCI World Swap II UCITS ETF Dist is an exchange-traded fund (ETF) from Amundi, traded under the ticker WLDL (ISIN FR0010315770). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread broadly across markets worldwide. It passively tracks the MSCI World Net Total Return USD Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include APPLE INC, NVIDIA CORP and MICROSOFT CORP. Its biggest country exposures are ~72.1% United States, ~5.8% Japan and ~3.5% United Kingdom.

Its heaviest sectors are ~29.3% Information Technology and ~16.3% Financials. Funds like this are commonly chosen by investors who want a regular cash income stream rather than reinvesting everything for growth. Its ongoing charge (TER) is 0.3% a year — about €30 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is paid out to you as cash (a distributing share class), and over the last year it paid out roughly 1.3% (its trailing yield). It tracks its index through a swap agreement rather than owning every holding (synthetic replication); it is domiciled in France and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR.

Its price has swung about 11.3% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2018. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Amundi.)