Amundi MSCI China Tech UCITS ETF USD

What this fund is

Amundi MSCI China Tech UCITS ETF USD is an exchange-traded fund (ETF) from Amundi, traded under the ticker CC1U (ISIN LU1681044050). 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 across its target market. Rather than a manager picking stocks, it simply replicates the MSCI China Tech IMI All Share Stock Connect Filtered Index index — the passive, low-cost approach, and its largest holdings include GIGADEVICE SEMICONDUCTO-CL A, LENOVO GROUP LTD and XIAMEN TUNGSTEN CO LTD-A. With about 98 holdings (the ten largest ≈ 17.3%), your money is diversified rather than concentrated in a handful of names.

Geographically it leans ~100% China. By industry it concentrates most in ~36.6% Information Technology and ~15.9% Industrials. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.55% a year — about €55 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 Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. Its price has swung about 19.9% over the past year, which describes how much its price tends to move rather than whether it is good. 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.)