Amundi MSCI World IMI Value Advanced UCITS ETF ACC

What this fund is

Amundi MSCI World IMI Value Advanced UCITS ETF ACC is an exchange-traded fund (ETF) from Amundi, traded under the ticker WMMS (ISIN IE000AZV0AS3). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. 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. Rather than a manager picking stocks, it simply replicates the MSCI World IMI Value Advanced Target Index index — the passive, low-cost approach, and its largest holdings include MICRON TECHNOLOGY INC, NVIDIA CORP and APPLE INC. With about 380 holdings (the ten largest ≈ 22.3%), your money is diversified rather than concentrated in a handful of names.

Its biggest country exposures are ~76.1% United States, ~4.7% Japan and ~4.5% France. Its heaviest sectors are ~30.8% Information Technology and ~21.7% 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 0.25% a year — about €25 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything.

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 12.1% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2024. 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.)