Amundi MSCI Em Latin America UCITS ETF - USD (C)

What this fund is

Amundi MSCI Em Latin America UCITS ETF - USD (C) is an exchange-traded fund (ETF) from Amundi, traded under the ticker ALAG (ISIN LU1681045297). 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 across its target market. It follows the MSCI Daily TR Net Emerging Markets Latin America USD index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include VALE SA, NU HOLDINGS LTD/CAYMAN ISL-A and ITAU UNIBANCO HOLDING -PFD.

Its biggest country exposures are ~59.2% Brazil, ~25.7% Mexico and ~6.8% Chile. Its heaviest sectors are ~34.9% Financials and ~20.1% Materials. 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 0.2% a year — about €20 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 tracks its index through a swap agreement rather than owning every holding (synthetic replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. It launched in 2018. 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.)