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

**Source:** https://fundology.uk/fund/azeq · ISIN IE000519M2U5 · 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, AZEQ (Allianz Smart Europe Equity Active UCITS ETF Accum EUR, ISIN IE000519M2U5) closed at £8.47 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: **£8.47** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | AZEQ |
| ISIN | IE000519M2U5 |
| Category | European shares |
| Type | ETF |
| Provider | Allianz |
| Income | Accumulating |
| Ongoing charge | 0.49% a year (£49 per £10,000) |
| Fund size | £22.1m |
| 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, as of 01/10/2026: 16 of the 225 other European share funds charge more, 3 the same and 206 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.49%** per year
- ISA eligible: yes
- SIPP eligible: yes

---

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.