# Amundi MSCI EM Latin America (ALAG) **Source:** https://fundology.uk/fund/alag · ISIN LU1681045297 · Data: TradingView (LSE closes and returns, delayed), issuer documents, 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 30/09/2026, ALAG (Amundi MSCI EM Latin America, ISIN LU1681045297) closed at £18.30 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 30/09/2026 its total return was +85.5%, or +45.0% after UK CPIH inflation. ## Summary 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. Latest close: **£18.30** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | ALAG | | ISIN | LU1681045297 | | Category | Emerging markets | | Type | ETF | | Provider | Amundi | | Tracks | MSCI EM Latin America | | Income | Accumulating | | Ongoing charge | 0.20% a year (£20 per £10,000) | | Fund size | £202m | | Launched | 2011 | | Domicile | Luxembourg | ## Past returns (periods to 30/09/2026) 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 | +24.94% | +21.02% | income reinvested | | 3 years | +40.10% | +26.42% | income reinvested | | 5 years | +85.51% | +45.02% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year 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 −25.0%, 2025 +43.4%; 2026 to 30/09/2026 +16.3%. Returns of Amundi MSCI EM Latin America in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +26.0%; to 30/09/2025: +17.8%; to 30/09/2024: −5.2%; to 30/09/2023: +8.9%; to 30/09/2022: +19.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +21.7% | +11.4% | Price | | 2023 | +25.1% | +20.1% | Price | | 2024 | -25.0% | -27.5% | Price | | 2025 | +43.4% | +38.5% | Price | | 2026 to 30/09/2026 | +16.3% | +13.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 18.71% | -12.31% | | 3 years | 17.25% | -24.97% | | 5 years | 21.31% | -24.97% | ## Largest fall Volatility of Amundi MSCI EM Latin America in pounds, annualised from weekly returns to 30/09/2026: 18.7% over 1 year, 17.3% over 3 years, 21.3% over 5 years. Largest fall in the price of Amundi MSCI EM Latin America since October 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 30/09/2026 the price of Amundi MSCI EM Latin America was 6.4% below its highest weekly close since October 2021 (10/04/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Amundi MSCI EM Latin America 0.20% a year, as of 01/10/2026: 105 of the 140 other emerging-market share funds charge more, 4 the same and 31 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.20%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | Advanced Micro Devices | 7.16% | | Astera Labs | 5.74% | | Applied Materials | 5.65% | | Amazon | 4.91% | | Dynatrace | 4.37% | | Kla | 3.83% | | Liberty Media Corp-C | 3.82% | | Constellation Brands - A | 3.45% | | NVIDIA | 3.35% | | Tesla | 2.74% | ## 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 | 56.8% | | Consumer Discretionary | 12.4% | | Health Care | 8.1% | | Communication Services | 6.8% | | Industrials | 5.3% | | Financials | 4.5% | | Consumer Staples | 4.4% | | Materials | 1.1% | | Other sectors | 0.6% | ### By country As published by Amundi, as of 29/09/2026. | Country | Weight | |---|---| | United States | 98.5% | | Netherlands | 0.6% | | Finland | 0.4% | | Switzerland | 0.1% | | Japan | 0.1% | | Canada | 0.1% | | Democratic Rep. of Congo | 0.1% | All 138 holdings: https://fundology.uk/fund/alag/holdings --- 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.