Amundi MSCI Emerging Markets Swap UCITS ETF USD Acc

What this fund is

Amundi MSCI Emerging Markets Swap UCITS ETF USD Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker AUEM (ISIN LU1681045453). 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 across its target market. Rather than a manager picking stocks, it simply replicates the MSCI Emerging Markets Net Total Return USD Index index — the passive, low-cost approach, and its largest holdings include TAIWAN SEMICONDUCTOR MANUFAC, SAMSUNG ELECTRONIC CO LTD and SK HYNIX INC. By geography it is weighted towards ~28.4% Taiwan, ~21.3% South Korea and ~19.5% China.

By industry it concentrates most in ~43.7% Information Technology and ~18.9% 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 0.2% 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.

Its price has swung about 21.1% over the past year, which describes how much its price tends to move rather than whether it is good. 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.)