ETF · Amundi
ALAG Amundi MSCI EM Latin America
ISIN LU1681045297London Stock Exchange: ALAGSAS Rue la Boétie
- Emerging markets
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£17.12
on
- Ongoing charge
- 0.20% a year
- Fund size
- £185m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, ALAG (Amundi MSCI EM Latin America, ISIN LU1681045297) closed at £17.12 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 13/11/2026 its total return was +70.5%, or +33.1% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +7.4%
- +3.6% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +25.9%
- +13.8% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +70.5%
- +33.1% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,705 on 13/11/2026 — about £1,331 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Amundi MSCI EM Latin America in pounds (price, with income reinvested in the fund): 2022 +21.7%, 2023 +25.1%, 2024 −24.7%, 2025 +43.4%; 2026 to 13/11/2026 +8.3%. Returns of Amundi MSCI EM Latin America in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +28.0%; to 30/09/2025: +16.0%; to 30/09/2024: −5.2%; to 30/09/2023: +8.9%; to 30/09/2022: +20.5%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +8.3% | +4.8% | |
| to | +43.4% | +38.5% | |
| to | −24.7% | −27.2% | |
| +25.1% | +20.1% | ||
| +21.7% | +11.4% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +28.0% | +23.5% |
| from | +16.0% | +11.5% |
| from | −5.2% | −7.6% |
| from | +8.9% | +2.3% |
| from | +20.5% | +10.7% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
22.6%over 5 years
| 1 year | 26.5% |
|---|---|
| 3 years | 20.3% |
| 5 years | 22.6% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −25.0%
- From to
- Lowest 12-month return
- −25.0%
- 12 months to
- Highest 12-month return
- +73.7%
- 12 months to
- Below its highest weekly close since November 2021
- 15.9%
- High of , latest
In words: Volatility of Amundi MSCI EM Latin America in pounds, annualised from weekly returns to 13/11/2026: 26.5% over 1 year, 20.3% over 3 years, 22.6% over 5 years. Largest fall in the price of Amundi MSCI EM Latin America since November 2021, in pounds: −25.0% from 29/12/2023 to 27/12/2024. The lowest 12-month return of Amundi MSCI EM Latin America in pounds (price, with income reinvested in the fund) since January 2021 was −25.0% (12 months to 27/12/2024); the highest was +73.7% (12 months to 10/04/2026). On 13/11/2026 the price of Amundi MSCI EM Latin America was 15.9% below its highest weekly close since November 2021 (09/10/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.20%
- a year
- On £10,000
- £20
- a year, roughly
- Over five years
- £100
- of £10,000, before growth
- 37 charge less
- 4 the same
- 110 charge more
Ongoing charge of Amundi MSCI EM Latin America 0.20% a year. Compared on 14/11/2026, 110 of the 151 other emerging-market share funds charge more, 4 the same and 37 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Amundi MSCI EM Latin America is an exchange-traded fund (ETF) from Amundi, launched in 2011.
It tracks the MSCI EM Latin America — 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 0.2% a year — about £20 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.
Emerging markets: Companies in faster-growing but less mature economies such as China, India, Taiwan and Brazil. Prices tend to move more.
Key facts
- Ticker
- ALAG
- ISIN
- LU1681045297
- Also listed as
- ALAU (London Stock Exchange, US dollars)
- Provider
- Amundi
- Tracks
- MSCI EM Latin America
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.20% a year · about £20 on £10,000
- Fund size
- £185m
- Launched
- Domicile
- Luxembourg
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Emerging markets
Price chart
Over the last year, the closing price went from £15.75 on 14/11/2025 to £17.12 on 13/11/2026 (+8.7%). The lowest close shown was £15.59 on 21/11/2025 and the highest £20.35 on 09/10/2026.
One close a week. Before 07/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 111
- 116 reported in all
- Ten largest
- 51.9%
- of the whole fund
- Effective number of holdings
- 28
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 9.1%
- Amazon
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | AmazonAMZNConsumer DiscretionaryUnited States | 9.10% |
| 2 | Advanced Micro DevicesAMDInformation TechnologyUnited States | 8.75% |
| 3 | BroadcomAVGOInformation TechnologyUnited States | 5.90% |
| 4 | ServiceNowNOWInformation TechnologyUnited States | 5.14% |
| 5 | TeslaTSLAConsumer DiscretionaryUnited States | 4.65% |
| 6 | Micron TechnologyMUInformation TechnologyUnited States | 4.34% |
| 7 | Astera LabsALABInformation TechnologyUnited States | 3.70% |
| 8 | NVIDIANVDAInformation TechnologyUnited States | 3.49% |
| 9 | Liberty Live Holdings, Inc. - Liberty Live GroupLLYVACommunication ServicesUnited States | 3.41% |
| 10 | Liberty Media Corporation -FWONACommunication ServicesUnited States | 3.38% |
As of , holdings as published
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
All holdings
The fund publishes 116 holdings; the ten largest make up 51.9% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Sector split
As a share of the whole fund. 102.5% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Electronic Technology38.1%
- Technology Services25.6%
- Retail Trade12.2%
- Consumer Durables5.4%
- Finance5.0%
- Consumer Services4.1%
- Producer Manufacturing3.1%
- Health Technology3.1%
- Other classified sectors5.8%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 254 rolling 12-month returns since January 2021, and of 150 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1, 3 and 5 years among up to 142 emerging-market share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI EM IMI UCITS ETF, over the three years to 13/11/2026 (156 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of ALAG?
The ongoing charge of ALAG is 0.20% a year — about £20 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 EM Latin America 0.20% a year. Compared on 14/11/2026, 110 of the 151 other emerging-market share funds charge more, 4 the same and 37 less (share classes counted once).
What does ALAG track?
ALAG tracks the MSCI EM Latin America — companies in emerging economies such as China, India, Taiwan and Brazil.
Is ALAG accumulating or distributing?
ALAG 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 ALAG?
The ISIN of ALAG is LU1681045297. An ISIN identifies one exact share class of a fund; ALAG is its ticker on the London Stock Exchange. The same share class is also listed as ALAU (London Stock Exchange, US dollars).
What does ALAG hold?
ALAG 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 ALAG’s returns in each of the last five years?
Calendar-year returns of ALAG in pounds (price, with income reinvested in the fund): 2022 +21.7%, 2023 +25.1%, 2024 −24.7%, 2025 +43.4%; 2026 to 13/11/2026 +8.3%. Past performance is not a guide to future returns.
How has ALAG done after inflation?
Over the five years to 13/11/2026 ALAG’s total return was +70.5%, or +33.1% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
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- XMMSXtrackers MSCI Emerging Markets UCITS ETF0.18% a year · £9.9bn
- SEMAiShares MSCI EM UCITS ETF USD (Acc)0.18% a year · £7.6bn
- IEEMiShares MSCI EM UCITS ETF USD (Dist)0.18% a year · £7.0bn
- EDG2iShares MSCI EM CTB Enhanced ESG UCITS ETF0.23% a year · £6.0bn
- CEA1iShares MSCI EM Asia UCITS ETF0.20% a year · £5.8bn
- E127Multi Units LU - Amundi MSCI Emerging Markets II0.14% a year · £4.5bn
- LEMAMulti Units LU - Amundi MSCI Emerging Markets II Acc0.14% a year · £4.4bn
Fund documents and methods
- Fund documents
- Fund page at Amundi (links checked )
Methodology:ReturnsCategoriesAll methods
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