Amundi MSCI Europe Growth UCITS ETF Acc

What this fund is

Amundi MSCI Europe Growth UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker CG9 (ISIN LU1681042435). 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, focused on the European market. It follows the MSCI Europe Growth Daily EUR TR Net EUR index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include ASML HOLDING NV, ASTRAZENECA GBP and SCHNEIDER ELECT SE. Spread across roughly 227 holdings (the ten largest ≈ 31.8%), no one position makes or breaks the fund.

Geographically it leans ~19.7% United Kingdom, ~14.7% France and ~14.6% Switzerland. By industry it concentrates most in ~31.5% Industrials and ~16.9% Information Technology. 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 0.35% a year — about €35 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 Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR. Its price has swung about 15.4% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2018. 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.)