# Amundi IBEX 35 UCITS ETF (CS1) **Page:** https://fundology.uk/fund/cs1 · ISIN FR0010655746 ## 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, CS1 (Amundi IBEX 35 UCITS ETF, ISIN FR0010655746) closed at £433.98 on the London Stock Exchange. Its ongoing charge is 0.44% a year (about £44 on £10,000). Over the year to 13/11/2026 its total return was +19.5%, or +15.2% after UK CPIH inflation. ## Summary Amundi IBEX 35 UCITS ETF is an exchange-traded fund (ETF) from Amundi, launched in 2024. It tracks the IBEX 35. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.44% a year — about £44 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: **£433.98** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | CS1 | | ISIN | FR0010655746 | | Also listed as | AMES (Xetra, euros) | | Category | European shares | | Type | ETF | | Provider | Amundi | | Tracks | IBEX 35 | | Income | Accumulating | | Ongoing charge | 0.44% a year (£44 per £10,000) | | Fund size | £415m | | Launched | 2024 | | Domicile | France | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 04/04/2024 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +19.47% | +15.24% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Amundi IBEX 35 UCITS ETF in pounds (price, with income reinvested in the fund): 2025 +63.3%; 2026 to 13/11/2026 +12.7%. Returns of Amundi IBEX 35 UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +26.3%; to 30/09/2025: +41.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | +63.3% | +57.7% | Price | | 2026 to 13/11/2026 | +12.7% | +9.1% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 17.24% | -10.22% | ## Largest fall Volatility of Amundi IBEX 35 UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 17.2% over 1 year. Largest fall in the price of Amundi IBEX 35 UCITS ETF since November 2021, in pounds: −13.9% from 27/05/2022 to 14/10/2022. The lowest 12-month return of Amundi IBEX 35 UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −11.5% (12 months to 14/10/2022); the highest was +64.3% (12 months to 19/12/2025). On 13/11/2026 the price of Amundi IBEX 35 UCITS ETF was 3.1% below its highest weekly close since November 2021 (07/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Amundi IBEX 35 UCITS ETF 0.44% a year. Compared on 14/11/2026, 26 of the 242 other European share funds charge more, 0 the same and 216 less (share classes counted once). ## Funds tracking the same index 2 funds track IBEX 35, this one included and share classes counted once; their ongoing charges range from 0.30% to 0.44% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi IBEX 35 UCITS ETF (this fund) | 0.44% | +19.5% | — | — | | Amundi IBEX 35 UCITS ETF Act -Dist- | 0.30% | +19.4% | +126.1% | +156.4% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.44%** 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. ## What it holds As of 11/11/2026, CS1 holds 37 positions, according to its published holdings. The largest is Banco Santander at 16.03% of the fund; the ten largest make up 77.2%. ### Top holdings Largest positions (as of 11/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Banco Santander | [SAN](https://fundology.uk/stock/SAN) | 16.03% | | 2 | Iberdrola | [IBE](https://fundology.uk/stock/IBE) | 15.10% | | 3 | Banco Bilbao Vizcaya Argentaria | [BBVA](https://fundology.uk/stock/BBVA) | 12.85% | | 4 | Industria de Diseno Textil | [ITX](https://fundology.uk/stock/ITX) | 10.95% | | 5 | CaixaBank | [CABK](https://fundology.uk/stock/CABK) | 6.78% | | 6 | Ferrovial | [FER](https://fundology.uk/stock/FER) | 3.89% | | 7 | Aena SME | [AENA](https://fundology.uk/stock/AENA) | 3.34% | | 8 | Repsol | [REP](https://fundology.uk/stock/REP) | 3.14% | | 9 | Amadeus IT Group | [AMS](https://fundology.uk/stock/AMS) | 2.62% | | 10 | ACS, Actividades de Construccion y Servicios | [ACS](https://fundology.uk/stock/ACS) | 2.51% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector As published for the fund, as of 11/11/2026. | Sector | Weight | |---|---| | Financials | 40.5% | | Utilities | 21.3% | | Consumer Discretionary | 13.7% | | Industrials | 13.3% | | Communication Services | 3.7% | | Energy | 3.2% | | Materials | 1.3% | | Information Technology | 1.0% | | Other sectors | 2.0% | The 35 holdings on record (of 37 reported): https://fundology.uk/fund/cs1/holdings ## Questions people ask **What is the ongoing charge of CS1?** The ongoing charge of CS1 is 0.44% a year — about £44 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 IBEX 35 UCITS ETF 0.44% a year. Compared on 14/11/2026, 26 of the 242 other European share funds charge more, 0 the same and 216 less (share classes counted once). **What does CS1 track?** CS1 tracks the IBEX 35. **Is CS1 accumulating or distributing?** CS1 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 CS1?** The ISIN of CS1 is FR0010655746. An ISIN identifies one exact share class of a fund; CS1 is its ticker on the London Stock Exchange. The same share class is also listed as AMES (Xetra, euros). **What does CS1 hold?** As of 11/11/2026, CS1 holds 37 positions, according to its published holdings. The largest is Banco Santander at 16.03% of the fund; the ten largest make up 77.2%. Its ten largest holdings are Banco Santander (16.03%), Iberdrola (15.10%), Banco Bilbao Vizcaya Argentaria (12.85%), Industria de Diseno Textil (10.95%), CaixaBank (6.78%), Ferrovial (3.89%), Aena SME (3.34%), Repsol (3.14%), Amadeus IT Group (2.62%) and ACS, Actividades de Construccion y Servicios (2.51%). **What were CS1’s returns in each of the last five years?** Calendar-year returns of CS1 in pounds (price, with income reinvested in the fund): 2025 +63.3%; 2026 to 13/11/2026 +12.7%. Past performance is not a guide to future returns. **How has CS1 done after inflation?** Over the year to 13/11/2026 CS1’s total return was +19.5%, or +15.2% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Amundi](https://www.amundietf.co.uk/en/professional/products/equity/amundi-ibex-35-ucits-etf-acc/fr0010655746) - Links checked 12/10/2026. --- 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.