Amundi MSCI World Swap II UCITS ETF EUR Hedged Acc

What this fund is

Amundi MSCI World Swap II UCITS ETF EUR Hedged Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker WLDHC (ISIN FR0014003N93). 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 100% Hedged to EUR Net Total Return 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. By geography it is weighted towards ~72.3% United States, ~5.7% Japan and ~3.5% United Kingdom.

Its heaviest sectors are ~29.3% Information Technology and ~16.3% Financials. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. Its ongoing charge (TER) is 0.3% a year — about €30 a year on a €10,000 holding, taken automatically from the fund. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. 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 11.7% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2021. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Amundi.)