Amundi MSCI World Minimum Volatility Advanced UCITS ETF ACC

What this fund is

Amundi MSCI World Minimum Volatility Advanced UCITS ETF ACC is an exchange-traded fund (ETF) from Amundi, traded under the ticker WMMV (ISIN IE0001DKJVC2). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one 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 Minimum Volatility Advanced Target Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include JOHNSON & JOHNSON, ZURICH INSURANCE GROUP AG and COCA-COLA CO/THE. Spread across roughly 264 holdings (the ten largest ≈ 13.2%), no one position makes or breaks the fund.

By geography it is weighted towards ~68.5% United States, ~10.5% Japan and ~3.2% Switzerland. By industry it concentrates most in ~25.1% Information Technology and ~14.8% Health Care. 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 0.25% a year — about €25 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 holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. Its price has swung about 8% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2024. 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.)