Amundi MSCI Korea UCITS ETF Acc

What this fund is

Amundi MSCI Korea UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker KRW (ISIN LU1900066975). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. At its core it is a focused, thematic fund: it concentrates on the information technology part of the market, so it lives or dies by that one area rather than the economy as a whole. Underneath, 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. Rather than a manager picking stocks, it simply replicates the MSCI Korea 20/35 Index index — the passive, low-cost approach, and its largest holdings include SAMSUNG ELECTRONIC CO LTD, SK HYNIX INC and SK SQUARE CO LTD.

Geographically it leans ~100% South Korea. Its heaviest sectors are ~53.2% Information Technology and ~21% Industrials. A focused fund like this is typically held as a smaller 'satellite' position around a broader core — a way to lean into one theme, not usually a portfolio's only holding. Its ongoing charge (TER) is 0.45% a year — about €45 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 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 EUR. Its price has swung about 42.6% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2019. 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.)