Amundi S&P World Utilities Screened UCITS ETF Dist

What this fund is

Amundi S&P World Utilities Screened UCITS ETF Dist is an exchange-traded fund (ETF) from Amundi, traded under the ticker MWOI (ISIN IE00052T92P8). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. At its core it is a focused, thematic fund: it concentrates on the utilities part of the market, so it lives or dies by that one area rather than the economy as a whole. Underneath, 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. It passively tracks the S&P World Utilities Weighted & Screened Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include IBERDROLA SA, NEXTERA ENERGY INC and ENEL SPA.

It holds around 49 positions (the ten largest ≈ 57%), spreading risk so no single holding decides your outcome. Geographically it leans ~45.9% United States, ~12.1% Spain and ~10.7% United Kingdom. Its heaviest sectors are ~100% Utilities. A focused fund like this is typically held as a smaller 'satellite' position around a broader core — a way to lean into one theme, not usually a portfolio's only holding. Its ongoing charge (TER) is 0.18% a year — about €18 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 2.37% (its trailing yield). 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 EUR. Its price has swung about 24.5% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2022. 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.)