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Amundi Core Nasdaq-100 Swap UCITS ETF EUR Hedged Acc

Amundi · LU1954152853

Amundi Core Nasdaq-100 Swap UCITS ETF EUR Hedged Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker BUNH (ISIN LU1954152853). 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. It follows the NASDAQ-100 Currency Hedged EUR Net Total Return Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include NVIDIA CORP, APPLE INC and MICROSOFT CORP. Geographically it leans ~94.8% United States, ~1.8% Ireland and ~1.4% Netherlands. Its heaviest sectors are ~57.8% Information Technology and ~14.2% Communication Services. 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 0.25% a year — about €25 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. On the standard KID risk scale it is rated 6 out of 7 — a gauge of how much the value moves, not a judgement of quality. It launched in 2021, and its KID suggests a holding period of 5 years. 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.)

· Tracks the NASDAQ-100 Currency Hedged EUR Net Total Return Index index ?
Equity ?Accumulating ?Synthetic ?LU ?
Low yearly feeReinvests dividendsUses a swapUnited StatesConcentrated in a few names
Fund size (AUM) ?
€7.2B
Risk level (SRI) ?
6 / 7 · High
Yearly fee (TER) ?
0.25%
All-in cost ≈ 0.00%

About this fund

What you own

The NASDAQ-100 Currency Hedged EUR Net Total Return Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 10 companies across United States in a single purchase.

Dividends

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.

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Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.

How it works

The fund uses a swap contract with a bank to mirror the index, instead of holding the shares directly.

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Rather than hold the shares, the fund signs a swap with a bank that agrees to pay it the index return. This can track some markets very tightly and cheaply, but it adds counterparty risk — the small chance the swap partner cannot pay — which regulated funds limit and back with collateral. It reaches the same index a different way, with a different set of trade-offs to physical funds.

Cost

0.25%Yearly fee (TER)
0.00%All-in cost

The yearly running cost of the fund, shown as a % of your money. €0.20 per €100 a year at 0.20%. Lower is cheaper.

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It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
NASDAQ-100 Currency Hedged EUR Net Total Return Index
Replication ?
Synthetic
Uses a swap contract
Regulation ?
UCITS
Yes
Launched
Jan 2021
5-year track record
Recommended holding period
5 years

Performance

The bigger picture

+0.0%
Since inception
Total growth since the fund launched.

What's inside

By sector ?

Technology57.8%
Communication Services14.2%
Consumer Discretionary11.1%
Consumer Staples6.6%
Health Care3.8%
Industrials3.7%
Utilities1.2%
Materials1.1%

The 10 biggest holdings make up 45.9% of the fund.

Top 10 holdings

#CompanyWeight
1NVIDIA CORP8.1%
2APPLE INC7.9%
3MICROSOFT CORP4.8%
4AMAZON.COM INC4.3%
5MICRON TECHNOLOGY INC4.3%
6ADVANCED MICRO DEVICES3.6%
7ALPHABET INC CL A3.3%
8META PLATFORMS INC-CLASS A3.2%
9TESLA INC3.2%
10ALPHABET INC CL C3.1%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
FrankfurtBUNHEUR★ Primary
EUR listings
B3USTHMEUR
Borsa ItalianaUSTHEUR
E1BUNHEUREUR
EBUSTHMEUR
EUBUNHEUREUR
GDBUNHEUR
GSBUNHEUR
I2USTHMEUR
IXUSTHMEUR
L1USTHMEUR
L3USTHMEUR
LABUNHEUR
LUBUNHEUR
POUSTHMEUR
QTBUNHEUR
S1USTHMEUR
S4USTHMEUR
X9BUNHEUREUR
XABUNHEUREUR
XEBUNHEUREUR
XFBUNHEUREUR
XGBUNHEUREUR
XHBUNHEUREUR
XJBUNHEUREUR
XLBUNHEUREUR
XOBUNHEUREUR
XQBUNHEUREUR
XSBUNHEUREUR
XUBUNHEUREUR
XVBUNHEUREUR
XWBUNHEUREUR
XXBUNHEUREUR
XZBUNHEUREUR
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

How it ranks vs peers

🪙 Cheaper than 25% of similar ETFs

Versus the Equity (stocks) · United States · EUR ETFs we track.

Advanced risk

€20.17
52-week high ?
€20.17
52-week low ?

Tilt vs a world tracker

Technology+28.6
United States+22.7
Financials-16.3
Industrials-7.9
Communication Services+6.0
Japan-5.9

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 United States stocks
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Why it's similarThis is the fund on this page.
StocksCheaper fee
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StocksAccumulatingCheaper fee
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StocksCheaper fee
Tracks a different index in the same category.
StocksAccumulatingCheaper fee
Tracks a different index in the same category.
StocksCheaper fee
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Index trackedNASDAQ-100 Currency Hedged EUR Net Total Return IndexS&P 500 IndexS&P 500S&P 500S&P 500 IndexS&P 500
Yearly fee (TER)0.25%0.09%0.10%0.10%0.02%0.07%0.06%
All-in cost0.00%0.00%0.10%0.00%0.00%0.07%0.00%
Fund size€7.2B€686.6B€180.2B€154.3B€139.3B€134B€88.2B
DomicileLUUnited StatesIrelandIrelandUnited StatesIrelandUnited States
ReplicationSynthetic (swap)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+18.3%+17.4%+18.3%+19.4%+10.2%
5-yr return p.a.+11.5%+10.4%+11.5%+12.8%+5.5%
# holdings10505511511508511103

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Data as of 2026-07-20 · Source: issuer data, compiled by Finance Hamster

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