# Amundi MSCI Switzerland ETF Class C CHF (CSWG)

**Source:** https://fundology.uk/fund/cswg · ISIN LU1681044993 · 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, CSWG (Amundi MSCI Switzerland ETF Class C CHF, ISIN LU1681044993) closed at £11.58 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 30/09/2026 its total return was +45.9%, or +14.0% after UK CPIH inflation.

## Summary

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.

Latest close: **£11.58** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | CSWG |
| ISIN | LU1681044993 |
| Category | European shares |
| Type | ETF |
| Provider | Amundi |
| Tracks | MSCI Switzerland |
| Income | Accumulating |
| Ongoing charge | 0.25% a year (£25 per £10,000) |
| Fund size | £244m |
| Launched | 2018 |
| 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 | +14.65% | +11.05% | income reinvested |
| 3 years | +34.98% | +21.81% | income reinvested |
| 5 years | +45.87% | +14.03% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year 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 −0.7%, 2025 +24.3%; 2026 to 30/09/2026 +2.4%. 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: +14.3%; to 30/09/2025: +5.1%; to 30/09/2024: +11.2%; to 30/09/2023: +5.6%; to 30/09/2022: −0.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -7.5% | -15.3% | Price |
| 2023 | +8.6% | +4.2% | Price |
| 2024 | -0.7% | -4.1% | Price |
| 2025 | +24.3% | +20.1% | Price |
| 2026 to 30/09/2026 | +2.4% | -0.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 14.67% | -12.52% |
| 3 years | 13.02% | -12.52% |
| 5 years | 13.43% | -15.16% |

## Largest fall

Volatility of Amundi MSCI Switzerland ETF Class C CHF in pounds, annualised from weekly returns to 30/09/2026: 14.7% 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 October 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 30/09/2026 the price of Amundi MSCI Switzerland ETF Class C CHF was 6.8% below its highest weekly close since October 2021 (03/07/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Amundi MSCI Switzerland ETF Class C CHF 0.25% a year, as of 01/10/2026: 86 of the 225 other European share funds charge more, 21 the same and 118 less (share classes counted once).

## Funds tracking the same index

2 funds track MSCI Switzerland, this one included and share classes counted once; their ongoing charges range from 0.21% to 0.25% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi MSCI Switzerland ETF Class C CHF (this fund) | 0.25% | +14.6% | +35.0% | +45.9% |
| UBS MSCI Switzerland ETF -CHF dis- | 0.21% | +15.1% | +37.6% | +47.2% |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.25%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 29/09/2026):

| Holding | Weight |
|---|---|
| Broadcom | 9.17% |
| NVIDIA | 8.97% |
| Amazon | 8.95% |
| Apple | 8.77% |
| Alphabet · Class C | 4.48% |
| Microsoft | 4.46% |
| Coca-Cola Co/The | 4.44% |
| AbbVie | 4.38% |
| Pfizer | 4.12% |
| Intel | 3.94% |

## 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 | 41.0% |
| Health Care | 17.1% |
| Consumer Discretionary | 10.3% |
| Communication Services | 7.5% |
| Consumer Staples | 7.1% |
| Financials | 6.0% |
| Utilities | 3.9% |
| Industrials | 3.3% |
| Other sectors | 3.8% |

### By country

As published by Amundi, as of 29/09/2026.

| Country | Weight |
|---|---|
| United States | 93.9% |
| France | 6.1% |

All 41 holdings: https://fundology.uk/fund/cswg/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.
