Amundi MSCI Smart Mobility UCITS ETF Acc

Amundi MSCI Smart Mobility UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker ELCR (ISIN LU2023679090). 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 broadly across markets worldwide. It passively tracks the MSCI ACWI IMI Future Mobility Filtered index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include TESLA INC, NVIDIA CORP and HITACHI LTD. With about 99 holdings (the ten largest ≈ 76.8%), your money is diversified rather than concentrated in a handful of names. Geographically it leans ~55.4% United States, ~30% Japan and ~4.3% Taiwan. Its heaviest sectors are ~33% Consumer Discretionary and ~30.9% Industrials. 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 0.45% 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 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. On the standard KID risk scale it is rated 5 out of 7 and its price has swung about 32.1% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2024, and its KID suggests a holding period of 5 years. 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.)