Amundi Core MSCI China A Swap UCITS ETF Dist

What this fund is

Amundi Core MSCI China A Swap UCITS ETF Dist is an exchange-traded fund (ETF) from Amundi, traded under the ticker C024 (ISIN LU2572256746). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single 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 China A Net Total Return USD Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include CONTEMPORARY AMPEREX TECHN-A NTH-SZSE, KWEICHOW MOUT C L-A NT-SS and ZHONGJI INNOLIGHT CO LTD-A NTH-SZSE. Its biggest country exposures are ~100% China.

By industry it concentrates most in ~35% Information Technology and ~17.8% Financials. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.25% a year — about €25 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is paid out to you as cash (a distributing share class), and over the last year it paid out roughly 1.94% (its trailing yield). 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 27.2% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2023. 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.)