# Amundi Global Luxury UCITS ETF EUR Cap (0SEH)

**Page:** https://fundology.uk/fund/0seh · ISIN LU1681048630

## 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, 0SEH (Amundi Global Luxury UCITS ETF EUR Cap, ISIN LU1681048630) closed at €209.24 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 13/11/2026 its total return was −8.4%, or −28.5% after UK CPIH inflation.

## Summary

Amundi Index Solutions SICAV - Amundi Global Luxury UCITS ETF EUR Cap is an exchange-traded fund (ETF) from Amundi, launched in 2018. It tracks the S&P Global Luxury Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.25% a year — about £25 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.

Latest close: **€209.24** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0SEH |
| ISIN | LU1681048630 |
| Also listed as | GLUX (Xetra, euros) |
| Category | Single sectors |
| Type | ETF |
| Provider | Amundi |
| Tracks | S&P Global Luxury Index |
| Income | Accumulating |
| Ongoing charge | 0.25% a year (£25 per £10,000) |
| Fund size | £311m |
| Launched | 2018 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/10/2022 |

## 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 | -8.28% | -11.52% | income reinvested |
| 3 years | +5.05% | -5.09% | income reinvested |
| 5 years | -8.39% | -28.49% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Amundi Index Solutions SICAV - Amundi Global Luxury UCITS ETF EUR Cap in pounds (price, with income reinvested in the fund): 2022 −14.8%, 2023 +9.3%, 2024 −0.9%, 2025 +7.8%; 2026 to 13/11/2026 −7.2%. Returns of Amundi Index Solutions SICAV - Amundi Global Luxury UCITS ETF EUR Cap in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −11.5%; to 30/09/2025: +8.8%; to 30/09/2024: +1.0%; to 30/09/2023: +7.7%; to 30/09/2022: −5.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -14.8% | -22.0% | Price |
| 2023 | +9.3% | +4.9% | Price |
| 2024 | -0.9% | -4.3% | Price |
| 2025 | +7.8% | +4.1% | Price |
| 2026 to 13/11/2026 | -7.2% | -10.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 18.80% | -15.54% |
| 3 years | 18.59% | -23.41% |
| 5 years | 19.02% | -27.06% |

## Largest fall

Volatility of Amundi Index Solutions SICAV - Amundi Global Luxury UCITS ETF EUR Cap in pounds, annualised from weekly returns to 13/11/2026: 18.8% over 1 year, 18.6% over 3 years, 19.0% over 5 years. Largest fall in the price of Amundi Index Solutions SICAV - Amundi Global Luxury UCITS ETF EUR Cap since November 2021, in pounds: −27.1% from 19/11/2021 to 17/06/2022. The lowest 12-month return of Amundi Index Solutions SICAV - Amundi Global Luxury UCITS ETF EUR Cap in pounds (price, with income reinvested in the fund) since January 2021 was −20.0% (12 months to 04/11/2022); the highest was +28.8% (12 months to 16/06/2023). On 13/11/2026 the price of Amundi Index Solutions SICAV - Amundi Global Luxury UCITS ETF EUR Cap was 10.7% below its highest weekly close since November 2021 (19/11/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of Amundi Index Solutions SICAV - Amundi Global Luxury UCITS ETF EUR Cap 0.25% a year. Compared on 14/11/2026, 91 of the 164 other single-sector funds charge more, 7 the same and 66 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.25%** per year (as of 23/10/2026)
- 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, 0SEH holds 85 positions, according to its published holdings. The largest is Compagnie Financiere Richemont at 7.04% of the fund; the ten largest make up 55.8%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Compagnie Financiere Richemont | [CFR](https://fundology.uk/stock/SIX:CFR) | 7.04% |
| 2 | Royal Caribbean Cruises | [RCL](https://fundology.uk/stock/RCL) | 7.04% |
| 3 | Ferrari | [RACE](https://fundology.uk/stock/RACE) | 6.83% |
| 4 | LVMH Moet Hennessy Louis Vuitton | [MC](https://fundology.uk/stock/MC) | 6.62% |
| 5 | Hermes International SCA | [RMS](https://fundology.uk/stock/RMS) | 6.27% |
| 6 | Hilton Worldwide | [HLT](https://fundology.uk/stock/HLT) | 4.65% |
| 7 | Marriott International · Class A | [MAR](https://fundology.uk/stock/MAR) | 4.64% |
| 8 | L'Oréal | [OR](https://fundology.uk/stock/OR) | 4.56% |
| 9 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 4.18% |
| 10 | Carnival | [CCL](https://fundology.uk/stock/CCL) | 3.97% |

## 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 |
|---|---|
| Consumer Discretionary | 84.8% |
| Consumer Staples | 15.2% |

### By country

As published for the fund, as of 04/11/2026.

| Country | Weight |
|---|---|
| United States | 44.2% |
| France | 21.8% |
| Italy | 9.9% |
| Switzerland | 7.4% |
| Germany | 6.6% |
| United Kingdom | 5.0% |
| Hong Kong | 1.9% |
| Japan | 1.1% |
| Other countries | 2.0% |

The 79 holdings on record (of 85 reported): https://fundology.uk/fund/0seh/holdings

## Questions people ask

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

The ongoing charge of 0SEH is 0.25% a year — about £25 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 Index Solutions SICAV - Amundi Global Luxury UCITS ETF EUR Cap 0.25% a year. Compared on 14/11/2026, 91 of the 164 other single-sector funds charge more, 7 the same and 66 less (share classes counted once).

**What does 0SEH track?**

0SEH tracks the S&P Global Luxury Index.

**Is 0SEH accumulating or distributing?**

0SEH 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 0SEH?**

The ISIN of 0SEH is LU1681048630. An ISIN identifies one exact share class of a fund; 0SEH is its ticker on the London Stock Exchange. The same share class is also listed as GLUX (Xetra, euros).

**What does 0SEH hold?**

As of 11/11/2026, 0SEH holds 85 positions, according to its published holdings. The largest is Compagnie Financiere Richemont at 7.04% of the fund; the ten largest make up 55.8%. Its ten largest holdings are Compagnie Financiere Richemont (7.04%), Royal Caribbean Cruises (7.04%), Ferrari (6.83%), LVMH Moet Hennessy Louis Vuitton (6.62%), Hermes International SCA (6.27%), Hilton Worldwide (4.65%), Marriott International · Class A (4.64%), L'Oréal (4.56%), Tesla (4.18%) and Carnival (3.97%).

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

Calendar-year returns of 0SEH in pounds (price, with income reinvested in the fund): 2022 −14.8%, 2023 +9.3%, 2024 −0.9%, 2025 +7.8%; 2026 to 13/11/2026 −7.2%. Past performance is not a guide to future returns.

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

Over the five years to 13/11/2026 0SEH’s total return was −8.4%, or −28.5% 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-global-luxury-ucits-etf-eur-acc/lu1681048630)
- 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.