# iShares Core MSCI Europe UCITS ETF (0A3G)

**Page:** https://fundology.uk/fund/0a3g · ISIN IE00BL4KKW48

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, 0A3G (iShares Core MSCI Europe UCITS ETF, ISIN IE00BL4KKW48) closed at MXN 1,610.24 on the London Stock Exchange. Its ongoing charge is 0.17% a year (about £17 on £10,000). Over the five years to 13/11/2026 its total return was +145.0%, or +91.2% after UK CPIH inflation.

## Summary

iShares Core MSCI Europe UCITS ETF Accum Shs Hedged MXN is an exchange-traded fund (ETF) from iShares, launched in 2019. It tracks the MSCI Europe — large and medium-sized European companies. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.17% a year — about £17 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. It is currency-hedged to Mexican pesos, not to the pound: it aims to remove most of the effect of exchange-rate moves against Mexican pesos, so a holder who counts in pounds still has currency risk.

Latest close: **MXN 1,610.24** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0A3G |
| ISIN | IE00BL4KKW48 |
| Category | European shares |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI Europe |
| Income | Accumulating |
| Ongoing charge | 0.17% a year (£17 per £10,000) |
| Fund size | £128m |
| Launched | 2019 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 13/12/2019 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +16.43% | +12.31% | income reinvested |
| 3 years | +64.61% | +48.72% | income reinvested |
| 5 years | +144.98% | +91.22% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares Core MSCI Europe UCITS ETF Accum Shs Hedged MXN in pounds (price, with income reinvested in the fund): 2021 +27.1%, 2023 +35.0%; 2026 to 13/11/2026 +16.5%. Returns of iShares Core MSCI Europe UCITS ETF Accum Shs Hedged MXN in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +26.7%; to 30/09/2025: +26.0%; to 30/09/2024: +1.6%; to 30/09/2023: +30.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2021 | +27.1% | +21.2% | Price |
| 2023 | +35.0% | +29.6% | Price |
| 2026 to 13/11/2026 | +16.5% | +12.7% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 17.78% | -10.62% |
| 3 years | 19.69% | -22.03% |
| 5 years | 21.69% | -22.03% |

## Largest fall

Volatility of iShares Core MSCI Europe UCITS ETF Accum Shs Hedged MXN in pounds, annualised from weekly returns to 13/11/2026: 17.8% over 1 year, 19.7% over 3 years, 21.7% over 5 years. Largest fall in the price of iShares Core MSCI Europe UCITS ETF Accum Shs Hedged MXN since November 2021, in pounds: −22.0% from 17/05/2024 to 11/04/2025. The lowest 12-month return of iShares Core MSCI Europe UCITS ETF Accum Shs Hedged MXN in pounds (price, with income reinvested in the fund) since November 2020 was −9.0% (12 months to 04/04/2025); the highest was +49.4% (12 months to 16/06/2023). On 13/11/2026 the price of iShares Core MSCI Europe UCITS ETF Accum Shs Hedged MXN was 4.9% below its highest weekly close since November 2021 (07/09/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Core MSCI Europe UCITS ETF Accum Shs Hedged MXN 0.17% a year. Compared on 14/11/2026, 158 of the 242 other European share funds charge more, 0 the same and 84 less (share classes counted once).

## Funds tracking the same index

16 funds track MSCI Europe, this one included and share classes counted once; their ongoing charges range from 0.07% to 0.31% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Index Solutions - MSCI Europe UCITS ETF DR | 0.15% | +10.5% | +52.7% | +55.4% |
| Amundi Index Solutions - MSCI Europe UCITS ETF DR Dist | 0.20% | +10.5% | +52.7% | +55.4% |
| BNP PARIBAS EASY MSCI EUROPE ETF Capitalisation -UCITS ETF- | 0.28% | +10.3% | — | — |
| Deka MSCI Europe UCITS ETF | 0.30% | +11.0% | +53.1% | +54.6% |
| HSBC MSCI Europe UCITS ETF Accum EUR | 0.14% | +11.4% | — | — |
| HSBC MSCI Europe UCITS ETF EUR | 0.14% | +11.4% | +54.2% | +55.8% |
| Invesco MSCI Europe UCITS ETF | 0.19% | +11.2% | +53.7% | +55.0% |
| iShares Core MSCI Europe UCITS ETF | 0.12% | +11.4% | +54.2% | +56.0% |
| iShares Core MSCI Europe UCITS ETF Accum Shs Hedged MXN (this fund) | 0.17% | +16.4% | +64.6% | +145.0% |
| iShares Core MSCI Europe UCITS ETF EUR (Acc) | 0.12% | +11.4% | +54.3% | +56.0% |
| State Street SPDR MSCI Europe UCITS ETF | 0.25% | +10.5% | +52.5% | +54.9% |
| UBS (Lux) Fund Solutions SICAV - UBS Core MSCI Europe UCITS ETF EUR dis- Distribution | 0.07% | +10.6% | +53.0% | +55.6% |
| UBS Core MSCI Europe UCITS ETF Capitalisation A | 0.10% | +10.4% | — | — |
| Xtrackers MSCI EUROPE UCITS ETF Capitalisation 1C | 0.13% | +11.4% | +54.5% | +55.4% |
| Xtrackers MSCI EUROPE UCITS ETF Capitalisation 2C | 0.31% | +17.3% | +53.9% | +75.1% |
| Xtrackers MSCI EUROPE UCITS ETF Distribution 1D | 0.13% | +11.2% | +54.5% | +55.7% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.17%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, 0A3G holds 384 positions, according to its published holdings. The largest is ASML at 4.02% of the fund; the ten largest make up 21.5%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ASML | [ASML](https://fundology.uk/stock/ASML) | 4.02% |
| 2 | Roche Ps Par | — | 2.42% |
| 3 | HSBC | [HSBA](https://fundology.uk/stock/HSBA) | 2.17% |
| 4 | Novartis | [NOVN](https://fundology.uk/stock/NOVN) | 2.15% |
| 5 | Shell | [SHEL](https://fundology.uk/stock/SHEL) | 2.08% |
| 6 | AstraZeneca | [AZN](https://fundology.uk/stock/AZN) | 2.04% |
| 7 | Nestle | [NESN](https://fundology.uk/stock/NESN) | 1.95% |
| 8 | SAP | [SAP](https://fundology.uk/stock/SAP) | 1.73% |
| 9 | Siemens | [SIE](https://fundology.uk/stock/SIE) | 1.54% |
| 10 | Allianz | [ALV](https://fundology.uk/stock/ALV) | 1.39% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Financials | 24.4% |
| Industrials | 17.5% |
| Health Care | 14.2% |
| Consumer Staples | 9.2% |
| Information Technology | 8.3% |
| Consumer Discretionary | 6.2% |
| Energy | 5.4% |
| Materials | 5.4% |
| Other sectors | 9.3% |

### By country

As published for the fund, as of 06/11/2026.

| Country | Weight |
|---|---|
| United Kingdom | 22.6% |
| Switzerland | 15.2% |
| France | 14.7% |
| Germany | 13.6% |
| Netherlands | 8.2% |
| Spain | 6.0% |
| Sweden | 5.4% |
| Italy | 4.9% |
| Other countries | 9.3% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.4% |
| Cash and money market | 0.6% |

All 385 holdings: https://fundology.uk/fund/0a3g/holdings

## Questions people ask

**What is the ongoing charge of 0A3G?**

The ongoing charge of 0A3G is 0.17% a year — about £17 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares Core MSCI Europe UCITS ETF Accum Shs Hedged MXN 0.17% a year. Compared on 14/11/2026, 158 of the 242 other European share funds charge more, 0 the same and 84 less (share classes counted once).

**What does 0A3G track?**

0A3G tracks the MSCI Europe — large and medium-sized European companies.

**Is 0A3G accumulating or distributing?**

0A3G is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of 0A3G?**

The ISIN of 0A3G is IE00BL4KKW48. An ISIN identifies one exact share class of a fund; 0A3G is its ticker on the London Stock Exchange.

**What does 0A3G hold?**

As of 06/11/2026, 0A3G holds 384 positions, according to its published holdings. The largest is ASML at 4.02% of the fund; the ten largest make up 21.5%. Its ten largest holdings are ASML (4.02%), Roche Ps Par (2.42%), HSBC (2.17%), Novartis (2.15%), Shell (2.08%), AstraZeneca (2.04%), Nestle (1.95%), SAP (1.73%), Siemens (1.54%) and Allianz (1.39%).

**What were 0A3G’s returns in each of the last five years?**

Calendar-year returns of 0A3G in pounds (price, with income reinvested in the fund): 2021 +27.1%, 2023 +35.0%; 2026 to 13/11/2026 +16.5%. Past performance is not a guide to future returns.

**How has 0A3G done after inflation?**

Over the five years to 13/11/2026 0A3G’s total return was +145.0%, or +91.2% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/311870/ishares-core-msci-europe-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-core-msci-europe-ucits-etf-mxn-hedged-acc-gb-ie00bl4kkw48-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/imeax-ishares-core-msci-europe-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.