# Amundi MSCI EMU Value Factor - UCITS ETF Dist (0E78) **Page:** https://fundology.uk/fund/0e78 · ISIN LU1598690169 ## 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, 0E78 (Amundi MSCI EMU Value Factor - UCITS ETF Dist, ISIN LU1598690169) closed at €199.40 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the five years to 13/11/2026 its total return was +91.6%, or +49.6% after UK CPIH inflation. ## Summary Amundi MSCI EMU Value Factor - UCITS ETF Dist is an exchange-traded fund (ETF) from Amundi, launched in 2005. It tracks the MSCI EMU Value. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.4% a year — about £40 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **€199.40** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 0E78 | | ISIN | LU1598690169 | | Also listed as | LGWS (Xetra, euros) | | Category | European shares | | Type | ETF | | Provider | Amundi | | Tracks | MSCI EMU Value | | Income | Distributing | | Ongoing charge | 0.40% a year (£40 per £10,000) | | Fund size | £230m | | Launched | 2005 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 14/06/2024 | ## 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 | +15.66% | +11.56% | income reinvested | | 3 years | +80.04% | +62.66% | income reinvested | | 5 years | +91.63% | +49.58% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Amundi MSCI EMU Value Factor - UCITS ETF Dist in pounds (price only, income paid out not included): 2026 to 13/11/2026 +12.4%. Returns of Amundi MSCI EMU Value Factor - UCITS ETF Dist in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +15.6%; to 30/09/2025: +26.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 13/11/2026 | +12.4% | +8.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 14.95% | -8.15% | | 3 years | 14.94% | -8.74% | ## Largest fall Volatility of Amundi MSCI EMU Value Factor - UCITS ETF Dist in pounds, annualised from weekly returns to 13/11/2026: 15.0% over 1 year, 14.9% over 3 years. The lowest 12-month return of Amundi MSCI EMU Value Factor - UCITS ETF Dist in pounds (price only, income paid out not included) since April 2024 was +8.5% (12 months to 09/05/2025); the highest was +36.5% (12 months to 19/12/2025). ## Charges compared with similar funds Ongoing charge of Amundi MSCI EMU Value Factor - UCITS ETF Dist 0.40% a year. Compared on 14/11/2026, 28 of the 242 other European share funds charge more, 8 the same and 206 less (share classes counted once). ## Funds tracking the same index 2 funds track MSCI EMU Value, this one included and share classes counted once; their ongoing charges range from 0.25% to 0.40% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi MSCI EMU Value Factor - UCITS ETF Dist (this fund) | 0.40% | +15.7% | +80.0% | +91.6% | | UBS MSCI EMU Value UCITS ETF -EUR dis- Distribution | 0.25% | +14.7% | +79.6% | +93.8% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.40%** 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 11/11/2026, 0E78 holds 143 positions, according to its published holdings. The largest is Allianz at 4.97% of the fund; the ten largest make up 34.8%. ### Top holdings Largest positions (as of 11/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Allianz | [ALV](https://fundology.uk/stock/ALV) | 4.97% | | 2 | TotalEnergies | [TTE](https://fundology.uk/stock/TTE) | 4.34% | | 3 | Iberdrola | [IBE](https://fundology.uk/stock/IBE) | 4.06% | | 4 | Banco Bilbao Vizcaya Argentaria | [BBVA](https://fundology.uk/stock/BBVA) | 3.71% | | 5 | Siemens | [SIE](https://fundology.uk/stock/SIE) | 3.68% | | 6 | UniCredit | [UCG](https://fundology.uk/stock/UCG) | 3.22% | | 7 | Banco Santander | [SAN](https://fundology.uk/stock/SAN) | 2.95% | | 8 | BNP Paribas | [BNP](https://fundology.uk/stock/BNP) | 2.68% | | 9 | Sanofi | [SAN](https://fundology.uk/stock/EURONEXT:SAN) | 2.67% | | 10 | Intesa Sanpaolo | — | 2.51% | ## 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 04/11/2026. | Sector | Weight | |---|---| | Financials | 44.0% | | Utilities | 11.4% | | Industrials | 9.1% | | Health Care | 6.8% | | Energy | 6.5% | | Consumer Staples | 6.4% | | Consumer Discretionary | 5.4% | | Materials | 5.0% | | Other sectors | 5.3% | ### By country As published for the fund, as of 04/11/2026. | Country | Weight | |---|---| | France | 27.9% | | Germany | 25.2% | | Spain | 14.9% | | Italy | 13.4% | | Netherlands | 9.0% | | Finland | 4.3% | | Belgium | 1.7% | | Ireland | 1.7% | | Other countries | 1.9% | The 140 holdings on record (of 143 reported): https://fundology.uk/fund/0e78/holdings ## Questions people ask **What is the ongoing charge of 0E78?** The ongoing charge of 0E78 is 0.40% a year — about £40 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 Amundi MSCI EMU Value Factor - UCITS ETF Dist 0.40% a year. Compared on 14/11/2026, 28 of the 242 other European share funds charge more, 8 the same and 206 less (share classes counted once). **What does 0E78 track?** 0E78 tracks the MSCI EMU Value. **Is 0E78 accumulating or distributing?** 0E78 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out annual. **What is the ISIN of 0E78?** The ISIN of 0E78 is LU1598690169. An ISIN identifies one exact share class of a fund; 0E78 is its ticker on the London Stock Exchange. The same share class is also listed as LGWS (Xetra, euros). **What does 0E78 hold?** As of 11/11/2026, 0E78 holds 143 positions, according to its published holdings. The largest is Allianz at 4.97% of the fund; the ten largest make up 34.8%. Its ten largest holdings are Allianz (4.97%), TotalEnergies (4.34%), Iberdrola (4.06%), Banco Bilbao Vizcaya Argentaria (3.71%), Siemens (3.68%), UniCredit (3.22%), Banco Santander (2.95%), BNP Paribas (2.68%), Sanofi (2.67%) and Intesa Sanpaolo (2.51%). **What were 0E78’s returns in each of the last five years?** Calendar-year returns of 0E78 in pounds (price only, income paid out not included): 2026 to 13/11/2026 +12.4%. Past performance is not a guide to future returns. **How has 0E78 done after inflation?** Over the five years to 13/11/2026 0E78’s total return was +91.6%, or +49.6% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Amundi](https://www.amundietf.co.uk/en/professional/products/equity/amundi-msci-emu-value-factor-ucits-etf-dist/lu1598690169) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.