# Amundi Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation (AEME)

**Source:** https://fundology.uk/fund/aeme · ISIN LU1437017350 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (Amundi), ONS CPIH, FCA FIRDS

## 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 01/10/2026, AEME (Amundi Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation, ISIN LU1437017350) closed at $116.35 on the London Stock Exchange. Its ongoing charge is 0.18% a year (about £18 on £10,000). Over the five years to 01/10/2026 its total return was +56.0%, or +22.0% after UK CPIH inflation.

## Summary

Amundi Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation is an exchange-traded fund (ETF) from Amundi, launched in 2017. It tracks the MSCI EM (Emerging Markets) — companies in emerging economies such as China, India, Taiwan and Brazil. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.18% a year — about £18 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: **$116.35** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | AEME |
| ISIN | LU1437017350 |
| Category | Emerging markets |
| Type | ETF |
| Provider | Amundi |
| Tracks | MSCI EM (Emerging Markets) |
| Income | Accumulating |
| Ongoing charge | 0.18% a year (£18 per £10,000) |
| Fund size | £2.8bn |
| Launched | 2017 |
| Domicile | Luxembourg |

## Past returns (periods to 01/10/2026)

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

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +30.99% | +26.88% | income reinvested |
| 3 years | +76.47% | +59.24% | income reinvested |
| 5 years | +56.05% | +21.99% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Amundi Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation in pounds (price, with income reinvested in the fund): 2022 −10.2%, 2023 +2.5%, 2024 +8.8%, 2025 +23.7%; 2026 to 01/10/2026 +26.3%. Returns of Amundi Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +31.4%; to 30/09/2025: +15.7%; to 30/09/2024: +16.3%; to 30/09/2023: +0.2%; to 30/09/2022: −11.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -10.2% | -17.8% | Price |
| 2023 | +2.5% | -1.5% | Price |
| 2024 | +8.8% | +5.0% | Price |
| 2025 | +23.7% | +19.5% | Price |
| 2026 to 01/10/2026 | +26.3% | +22.8% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 18.65% | -11.01% |
| 3 years | 15.62% | -12.15% |
| 5 years | 15.93% | -22.07% |

## Largest fall

Volatility of Amundi Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation in pounds, annualised from weekly returns to 01/10/2026: 18.7% over 1 year, 15.6% over 3 years, 15.9% over 5 years. Largest fall in the price of Amundi Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation since October 2021, in pounds: −22.1% from 12/11/2021 to 28/10/2022. The lowest 12-month return of Amundi Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation in pounds (price, with income reinvested in the fund) since February 2021 was −17.9% (12 months to 28/10/2022); the highest was +57.8% (12 months to 19/06/2026). On 01/10/2026 the price of Amundi Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation was 4.8% below its highest weekly close since October 2021 (19/06/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Amundi Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation 0.18% a year, as of 02/10/2026: 117 of the 141 other emerging-market share funds charge more, 9 the same and 15 less (share classes counted once).

## Funds tracking the same index

21 funds track MSCI EM (Emerging Markets), this one included and share classes counted once; their ongoing charges range from 0.09% to 0.55% a year (01/10/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation (this fund) | 0.18% | +31.0% | +76.5% | +56.0% |
| Amundi Core MSCI Emerging Markets -UCITS ETF DR- Distribution | 0.24% | +30.5% | +73.7% | +54.4% |
| Amundi Core MSCI Emerging Markets -UCITS ETF DR- Distribution | 0.25% | +31.2% | +76.6% | +68.4% |
| Amundi MSCI Emerging Markets Swap -UCITS ETF USD C- Capitalisation | 0.20% | +31.1% | +74.4% | +55.2% |
| Amundi MSCI Emerging Markets Swap II UCITS ETF Act -USD Acc- | 0.55% | +30.6% | +72.5% | +52.6% |
| BNP PARIBAS EASY MSCI EMERGING Capitalisation -UCITS ETF- | 0.09% | — | — | — |
| HSBC MSCI Emerging Markets UCITS ETF | 0.15% | +31.1% | +73.6% | +54.6% |
| HSBC MSCI EMERGING MARKETS UCITS ETF AccumUSD | 0.15% | +31.1% | +55.7% | +55.7% |
| Invesco MSCI Emerging Markets UCITS ETF | 0.19% | +30.7% | +73.0% | +53.5% |
| iShares MSCI EM UCITS ETF USD (Acc) | 0.18% | +30.8% | +76.0% | +55.7% |
| iShares MSCI EM UCITS ETF USD (Dist) | 0.18% | +30.8% | +75.9% | +55.4% |
| iShares VI PLC - iShares MSCI EM Swap UCITS ETF Accum- USD | 0.14% | — | — | — |
| Multi Units LU - Amundi MSCI Emerging Markets II | 0.14% | +31.1% | +75.0% | — |
| Multi Units LU - Amundi MSCI Emerging Markets II | 0.14% | +31.7% | +77.8% | — |
| State Street SPDR MSCI Emerging Markets UCITS ETF Accum.Shs USD | 0.18% | +31.5% | +77.7% | +57.1% |
| UBS (Irl) Fund Solutions PLC - UBS MSCI EM SF UCITS ETF Accum Shs USD | 0.14% | +31.5% | +77.0% | +57.1% |
| UBS ETF SICAV - UBS ETF - MSCI Emerging Markets UCITS ETF A Distribution | 0.15% | +31.0% | +75.0% | +56.1% |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF | 0.12% | +31.9% | +52.4% | — |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF Capitalisation 1C | 0.12% | +30.8% | +73.4% | +53.7% |
| Xtrackers MSCI Emerging Markets UCITS ETF | 0.18% | +30.8% | +74.4% | +54.9% |
| Xtrackers MSCI Emerging Markets UCITS ETF USD | 0.18% | +31.4% | +77.2% | — |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.18%** per year
- ISA eligible: yes
- SIPP eligible: yes

## What it holds

As of 29/09/2026, AEME holds 1,170 positions, according to the holdings Amundi publishes. The largest is TSMC at 15.50% of the fund; the ten largest make up 38.8%.

### Top holdings

Largest positions (as of 29/09/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | TSMC | [2330](https://fundology.uk/stock/2330) | 15.50% |
| 2 | Samsung Electronic | — | 7.62% |
| 3 | SK hynix | [000660](https://fundology.uk/stock/000660) | 5.83% |
| 4 | Tencent | [700](https://fundology.uk/stock/700) | 2.74% |
| 5 | Alibaba Group | [BABA](https://fundology.uk/stock/BABA) | 1.84% |
| 6 | MediaTek | [2454](https://fundology.uk/stock/2454) | 1.80% |
| 7 | Samsung Electronics - Pfd | — | 0.98% |
| 8 | Delta Electronics | [2308](https://fundology.uk/stock/2308) | 0.91% |
| 9 | China Construction Bank HK | — | 0.84% |
| 10 | Hon Hai Precision Industry | [2317](https://fundology.uk/stock/2317) | 0.78% |

Source: Amundi, holdings as published, as of 29/09/2026.

## Where it invests

Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

### By sector

As published by Amundi, as of 29/09/2026.

| Sector | Weight |
|---|---|
| Information Technology | 43.7% |
| Financials | 19.3% |
| Consumer Discretionary | 7.4% |
| Industrials | 6.3% |
| Communication Services | 5.9% |
| Materials | 5.7% |
| Energy | 3.4% |
| Others | 3.0% |
| Other sectors | 5.2% |

### By country

As published by Amundi, as of 29/09/2026.

| Country | Weight |
|---|---|
| Taiwan | 28.8% |
| South Korea | 21.5% |
| China | 19.5% |
| India | 10.6% |
| Brazil | 4.0% |
| South Africa | 3.0% |
| Saudi Arabia | 2.3% |
| Mexico | 1.6% |
| Other countries | 8.7% |

### By type of asset

Added up from the holdings Amundi publishes, as of 29/09/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.2% |
| Funds | 0.2% |

The 950 holdings on record (of 1,170 Amundi reports): https://fundology.uk/fund/aeme/holdings

## Questions people ask

**What is the ongoing charge of AEME?**

The ongoing charge of AEME is 0.18% a year — about £18 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 Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation 0.18% a year, as of 02/10/2026: 117 of the 141 other emerging-market share funds charge more, 9 the same and 15 less (share classes counted once).

**What does AEME track?**

AEME tracks the MSCI EM (Emerging Markets) — companies in emerging economies such as China, India, Taiwan and Brazil.

**Is AEME accumulating or distributing?**

AEME 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 AEME?**

The ISIN of AEME is LU1437017350. An ISIN identifies one exact share class of a fund; AEME is its ticker on the London Stock Exchange.

**What does AEME hold?**

As of 29/09/2026, AEME holds 1,170 positions, according to the holdings Amundi publishes. The largest is TSMC at 15.50% of the fund; the ten largest make up 38.8%. Its ten largest holdings are TSMC (15.50%), Samsung Electronic (7.62%), SK hynix (5.83%), Tencent (2.74%), Alibaba Group (1.84%), MediaTek (1.80%), Samsung Electronics - Pfd (0.98%), Delta Electronics (0.91%), China Construction Bank HK (0.84%) and Hon Hai Precision Industry (0.78%).

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

Calendar-year returns of AEME in pounds (price, with income reinvested in the fund): 2022 −10.2%, 2023 +2.5%, 2024 +8.8%, 2025 +23.7%; 2026 to 01/10/2026 +26.3%. Past performance is not a guide to future returns.

**How has AEME done after inflation?**

Over the five years to 01/10/2026 AEME’s total return was +56.0%, or +22.0% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.