# Amundi MSCI All Country World Swap UCITS ETF Acc USD (ACWL) **Page:** https://fundology.uk/fund/acwl · ISIN LU1829220133 ## 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, ACWL (Amundi MSCI All Country World Swap UCITS ETF Acc USD, ISIN LU1829220133) closed at £365.38 on the London Stock Exchange. Its ongoing charge is 0.45% a year (about £45 on £10,000). Over the five years to 13/11/2026 its total return was +61.6%, or +26.1% after UK CPIH inflation. ## Summary Amundi MSCI All Country World Swap UCITS ETF Acc USD is an exchange-traded fund (ETF) from Amundi, launched in 2011. It tracks the MSCI ACWI Index — large and medium-sized companies across developed and emerging markets. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.45% a year — about £45 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: **£365.38** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | ACWL | | ISIN | LU1829220133 | | Also listed as | ACWU (London Stock Exchange, US dollars) | | Category | Global shares | | Type | ETF | | Provider | Amundi | | Tracks | MSCI ACWI Index | | Income | Accumulating | | Ongoing charge | 0.45% a year (£45 per £10,000) | | Fund size | £108m | | Launched | 2011 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 08/11/2018 | ## 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 | +11.29% | +7.34% | income reinvested | | 3 years | +61.43% | +45.85% | income reinvested | | 5 years | +61.58% | +26.12% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Amundi MSCI All Country World Swap UCITS ETF Acc USD in pounds (price, with income reinvested in the fund): 2022 −8.9%, 2023 +15.7%, 2024 +20.7%, 2025 +12.4%; 2026 to 13/11/2026 +12.1%. Returns of Amundi MSCI All Country World Swap UCITS ETF Acc USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +17.7%; to 30/09/2025: +17.6%; to 30/09/2024: +19.5%; to 30/09/2023: +9.0%; to 30/09/2022: −2.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -8.9% | -16.6% | Price | | 2023 | +15.7% | +11.1% | Price | | 2024 | +20.7% | +16.6% | Price | | 2025 | +12.4% | +8.5% | Price | | 2026 to 13/11/2026 | +12.1% | +8.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 11.72% | -7.05% | | 3 years | 11.79% | -15.49% | | 5 years | 12.43% | -15.49% | ## Largest fall Volatility of Amundi MSCI All Country World Swap UCITS ETF Acc USD in pounds, annualised from weekly returns to 13/11/2026: 11.7% over 1 year, 11.8% over 3 years, 12.4% over 5 years. Largest fall in the price of Amundi MSCI All Country World Swap UCITS ETF Acc USD since November 2021, in pounds: −15.5% from 31/01/2025 to 04/04/2025. The lowest 12-month return of Amundi MSCI All Country World Swap UCITS ETF Acc USD in pounds (price, with income reinvested in the fund) since January 2021 was −9.2% (12 months to 16/12/2022); the highest was +34.3% (12 months to 17/04/2026). On 13/11/2026 the price of Amundi MSCI All Country World Swap UCITS ETF Acc USD was 3.2% below its highest weekly close since November 2021 (09/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Amundi MSCI All Country World Swap UCITS ETF Acc USD 0.45% a year. Compared on 14/11/2026, 30 of the 207 other global share funds charge more, 6 the same and 171 less (share classes counted once). ## Funds tracking the same index 4 funds track MSCI ACWI Index, this one included and share classes counted once; their ongoing charges range from 0.12% to 0.45% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi MSCI All Country World Swap UCITS ETF Acc USD (this fund) | 0.45% | +11.3% | +61.4% | +61.6% | | iShares V PLC - iShares MSCI All Country World UCITS ETF - USD | 0.20% | +13.5% | — | — | | iShares V PLC - iShares MSCI All Country World UCITS ETF Accum.Shs USD | 0.20% | +11.6% | +62.2% | +63.4% | | State Street SPDR MSCI All Country World UCITS ETF Accum Shs USD | 0.12% | +11.0% | +62.3% | +62.6% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.45%** per year (as of 13/11/2026) - 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 ACWL is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 11/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index. ### Top holdings Largest positions (as of 11/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 8.50% | | 2 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 6.67% | | 3 | PepsiCo | [PEP](https://fundology.uk/stock/PEP) | 6.59% | | 4 | Walmart | [WMT](https://fundology.uk/stock/WMT) | 5.56% | | 5 | Amgen | [AMGN](https://fundology.uk/stock/AMGN) | 4.97% | | 6 | Berkshire Hathaway · Class B | [BRK.B](https://fundology.uk/stock/BRK.B) | 4.71% | | 7 | Intel | [INTC](https://fundology.uk/stock/INTC) | 4.67% | | 8 | Rtx | [RTX](https://fundology.uk/stock/RTX) | 4.21% | | 9 | Amphenol | [APH](https://fundology.uk/stock/APH) | 4.02% | | 10 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 3.91% | The 95 holdings on record (of 101 reported): https://fundology.uk/fund/acwl/holdings ## Questions people ask **What is the ongoing charge of ACWL?** The ongoing charge of ACWL is 0.45% a year — about £45 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 All Country World Swap UCITS ETF Acc USD 0.45% a year. Compared on 14/11/2026, 30 of the 207 other global share funds charge more, 6 the same and 171 less (share classes counted once). **What does ACWL track?** ACWL tracks the MSCI ACWI Index — large and medium-sized companies across developed and emerging markets. **Is ACWL accumulating or distributing?** ACWL 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 ACWL?** The ISIN of ACWL is LU1829220133. An ISIN identifies one exact share class of a fund; ACWL is its ticker on the London Stock Exchange. The same share class is also listed as ACWU (London Stock Exchange, US dollars). **What does ACWL hold?** ACWL is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 11/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index. **What were ACWL’s returns in each of the last five years?** Calendar-year returns of ACWL in pounds (price, with income reinvested in the fund): 2022 −8.9%, 2023 +15.7%, 2024 +20.7%, 2025 +12.4%; 2026 to 13/11/2026 +12.1%. Past performance is not a guide to future returns. **How has ACWL done after inflation?** Over the five years to 13/11/2026 ACWL’s total return was +61.6%, or +26.1% 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-all-country-world-swap-ucits-etf-usd-acc/lu1829220133) - 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.