# Allianz Smart Europe Equity Active UCITS ETF Accum EUR (AZEQ)

**Page:** https://fundology.uk/fund/azeq · ISIN IE000519M2U5

## 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, AZEQ (Allianz Smart Europe Equity Active UCITS ETF Accum EUR, ISIN IE000519M2U5) closed at £8.70 on the London Stock Exchange. Its ongoing charge is 0.49% a year (about £49 on £10,000).

## Summary

Allianz Smart Europe Equity Active UCITS ETF Accum EUR is an exchange-traded fund (ETF) from Allianz, launched in 2026. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.49% a year — about £49 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: **£8.70** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | AZEQ |
| ISIN | IE000519M2U5 |
| Also listed as | AZCQ (Xetra, euros) |
| Category | European shares |
| Type | ETF |
| Provider | Allianz |
| Income | Accumulating |
| Ongoing charge | 0.49% a year (£49 per £10,000) |
| Fund size | £57.0m |
| Launched | 2026 |
| Domicile | Ireland |

## Charges compared with similar funds

Ongoing charge of Allianz Smart Europe Equity Active UCITS ETF Accum EUR 0.49% a year. Compared on 14/11/2026, 14 of the 242 other European share funds charge more, 2 the same and 226 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.49%** 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.

## Questions people ask

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

The ongoing charge of AZEQ is 0.49% a year — about £49 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 Allianz Smart Europe Equity Active UCITS ETF Accum EUR 0.49% a year. Compared on 14/11/2026, 14 of the 242 other European share funds charge more, 2 the same and 226 less (share classes counted once).

**Is AZEQ accumulating or distributing?**

AZEQ 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 AZEQ?**

The ISIN of AZEQ is IE000519M2U5. An ISIN identifies one exact share class of a fund; AZEQ is its ticker on the London Stock Exchange. The same share class is also listed as AZCQ (Xetra, euros).

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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.