ETF · Amundi
CSWG Amundi MSCI Switzerland ETF Class C CHF
ISIN LU1681044993London Stock Exchange: CSWGSAS Rue la Boétie
- European shares
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£12.60
on
- Ongoing charge
- 0.25% a year
- Fund size
- £350m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, CSWG (Amundi MSCI Switzerland ETF Class C CHF, ISIN LU1681044993) closed at £12.60 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 13/11/2026 its total return was +42.7%, or +11.4% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +13.9%
- +9.9% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +48.2%
- +33.9% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +42.7%
- +11.4% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,427 on 13/11/2026 — about £1,114 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 Switzerland ETF Class C CHF in pounds (price, with income reinvested in the fund): 2022 −7.5%, 2023 +8.6%, 2024 0.0%, 2025 +23.2%; 2026 to 13/11/2026 +11.6%. Returns of Amundi MSCI Switzerland ETF Class C CHF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +9.5%; to 30/09/2025: +9.7%; to 30/09/2024: +11.2%; to 30/09/2023: +5.6%; to 30/09/2022: +1.8%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +11.6% | +8.1% | |
| to | +23.2% | +19.0% | |
| to | 0.0% | −3.4% | |
| +8.6% | +4.2% | ||
| −7.5% | −15.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +9.5% | +5.7% |
| from | +9.7% | +5.4% |
| from | +11.2% | +8.4% |
| from | +5.6% | −0.7% |
| from | +1.8% | −6.4% |
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)
13.4%over 5 years
| 1 year | 15.0% |
|---|---|
| 3 years | 13.0% |
| 5 years | 13.4% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −15.2%
- From to
- Lowest 12-month return
- −9.1%
- 12 months to
- Highest 12-month return
- +24.8%
- 12 months to
- Below its highest weekly close since November 2021
- 0.0%
- High of , latest
In words: Volatility of Amundi MSCI Switzerland ETF Class C CHF in pounds, annualised from weekly returns to 13/11/2026: 15.0% over 1 year, 13.0% over 3 years, 13.4% over 5 years. Largest fall in the price of Amundi MSCI Switzerland ETF Class C CHF since November 2021, in pounds: −15.2% from 31/12/2021 to 17/06/2022. The lowest 12-month return of Amundi MSCI Switzerland ETF Class C CHF in pounds (price, with income reinvested in the fund) since January 2021 was −9.1% (12 months to 16/12/2022); the highest was +24.8% (12 months to 29/07/2026). On 13/11/2026 the price of Amundi MSCI Switzerland ETF Class C CHF was at its highest weekly close since November 2021, 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
- 0.25%
- a year
- On £10,000
- £25
- a year, roughly
- Over five years
- £124
- of £10,000, before growth
- 130 charge less
- 24 the same
- 88 charge more
Ongoing charge of Amundi MSCI Switzerland ETF Class C CHF 0.25% a year. Compared on 14/11/2026, 88 of the 242 other European share funds charge more, 24 the same and 130 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 Switzerland ETF Class C CHF is an exchange-traded fund (ETF) from Amundi, launched in 2018.
It tracks the MSCI Switzerland.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.25% a year — about £25 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.
European shares: Companies across Europe. Some funds include the UK and some leave it out — the fund name says which.
Key facts
- Ticker
- CSWG
- ISIN
- LU1681044993
- Also listed as
- CSWU (London Stock Exchange, US dollars), 18MN (Xetra, euros)
- Provider
- Amundi
- Tracks
- MSCI Switzerland
- 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
- 0.25% a year · about £25 on £10,000
- Fund size
- £350m
- 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
- European shares
Price chart
Over the last year, the closing price went from £11.01 on 14/11/2025 to £12.60 on 13/11/2026 (+14.5%). The lowest close shown was £10.71 on 20/03/2026 and the highest £12.60 on 13/11/2026.
One close a week. Before 29/07/2026 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
- 70
- 81 reported in all
- Ten largest
- 54.0%
- of the whole fund
- Effective number of holdings
- 26
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 8.3%
- Amazon
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | AmazonAMZNConsumer DiscretionaryUnited States | 8.27% |
| 2 | NVIDIANVDAInformation TechnologyUnited States | 7.97% |
| 3 | Micron TechnologyMUInformation TechnologyUnited States | 6.42% |
| 4 | BroadcomAVGOInformation TechnologyUnited States | 5.15% |
| 5 | Coca-ColaKOConsumer StaplesUnited States | 4.85% |
| 6 | OracleORCLInformation TechnologyUnited States | 4.64% |
| 7 | Alphabet · Class CGOOGCommunication ServicesUnited States | 4.59% |
| 8 | DoorDashDASHConsumer DiscretionaryUnited States | 4.11% |
| 9 | HCA HealthcareHCAHealth CareUnited States | 4.11% |
| 10 | MicrosoftMSFTInformation TechnologyUnited States | 3.84% |
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 70 largest and what changed since .
All holdings
The fund publishes 81 holdings; the ten largest make up 54.0% 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. 99.6% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Electronic Technology22.7%
- Technology Services22.4%
- Retail Trade14.0%
- Finance10.5%
- Consumer Non-Durables5.2%
- Health Services4.5%
- Transportation4.4%
- Health Technology3.9%
- Other classified sectors11.8%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
2 funds track MSCI Switzerland, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.25% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi MSCI Switzerland ETF Class C CHFThis fundAccumulating · 0.25% a year | 0.25% | +13.9% | +48.2% | +42.7% |
| UBS MSCI Switzerland ETF -CHF dis-Distributing · 0.20% a year | 0.20% | +14.7% | +51.8% | +44.3% |
As of
MSCI Switzerland funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
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 210 European 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 Europe UCITS ETF EUR (Acc), over the three years to 13/11/2026 (129 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 CSWG?
The ongoing charge of CSWG is 0.25% a year — about £25 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 Switzerland ETF Class C CHF 0.25% a year. Compared on 14/11/2026, 88 of the 242 other European share funds charge more, 24 the same and 130 less (share classes counted once).
What does CSWG track?
CSWG tracks the MSCI Switzerland.
Is CSWG accumulating or distributing?
CSWG 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 CSWG?
The ISIN of CSWG is LU1681044993. An ISIN identifies one exact share class of a fund; CSWG is its ticker on the London Stock Exchange. The same share class is also listed as CSWU (London Stock Exchange, US dollars) and 18MN (Xetra, euros).
What does CSWG hold?
CSWG 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 CSWG’s returns in each of the last five years?
Calendar-year returns of CSWG in pounds (price, with income reinvested in the fund): 2022 −7.5%, 2023 +8.6%, 2024 0.0%, 2025 +23.2%; 2026 to 13/11/2026 +11.6%. Past performance is not a guide to future returns.
How has CSWG done after inflation?
Over the five years to 13/11/2026 CSWG’s total return was +42.7%, or +11.4% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- MEUDAmundi Core Stoxx Europe 600 -UCITS ETF Acc- Capitalisation0.07% a year · £19bn
- SMEAiShares Core MSCI Europe UCITS ETF EUR (Acc)0.12% a year · £14bn
- IMEUiShares Core MSCI Europe UCITS ETF0.12% a year · £9.2bn
- 0MLJiShares Core EURO STOXX 50 UCITS ETF (DE)0.11% a year · £8.3bn
- 0MLDiShares STOXX Europe 600 UCITS ETF0.20% a year · £8.2bn
- 0MLHiShares Core DAX UCITS ETF (DE)0.16% a year · £7.5bn
- XMEUXtrackers MSCI EUROPE UCITS ETF Capitalisation 1C0.13% a year · £6.9bn
- CS51iShares Core EURO STOXX 50 UCITS ETF0.10% a year · £6.5bn
Fund documents and methods
- Fund documents
- Fund page at Amundi (links checked )
Methodology:ReturnsCategoriesAll methods
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