ETF · Amundi
FEDG Multi Units LU - Amundi Fed Funds US Dollar Cash
ISIN LU1233598447London Stock Exchange: FEDGSAS Rue la Boétie
- Cash-like & short-term
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£95.66
on
- Ongoing charge
- 0.10% a year
- Fund size
- £73.7m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, FEDG (Multi Units LU - Amundi Fed Funds US Dollar Cash, ISIN LU1233598447) closed at £95.66 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 30/09/2026 its total return was +23.1%, or −3.7% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +5.3%
- +2.0% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +5.3%
- −5.0% after inflation (UK CPIH)
- 5 years to 30/09/2026
- +23.1%
- −3.7% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,231 on 30/09/2026 — about £963 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Multi Units LU - Amundi Fed Funds US Dollar Cash in pounds (price, with income reinvested in the fund): 2022 +13.7%, 2023 −0.6%, 2024 +6.5%, 2025 −3.0%; 2026 to 30/09/2026 +4.6%. Returns of Multi Units LU - Amundi Fed Funds US Dollar Cash in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +4.8%; to 30/09/2025: +4.3%; to 30/09/2024: −4.0%; to 30/09/2023: −4.4%; to 30/09/2022: +23.5%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +4.6% | +1.7% | |
| −3.0% | −6.3% | ||
| +6.5% | +2.9% | ||
| −0.6% | −4.6% | ||
| +13.7% | +4.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +4.8% | Not available |
| from | +4.3% | +0.3% |
| from | −4.0% | −6.5% |
| from | −4.4% | −10.1% |
| from | +23.5% | +13.5% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
7.7%over 5 years
| 1 year | 5.9% |
|---|---|
| 3 years | 6.6% |
| 5 years | 7.7% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2021
- −13.7%
- From to
- Lowest 12-month return
- −6.7%
- 12 months to
- Highest 12-month return
- +25.8%
- 12 months to
- Below its highest weekly close since October 2021
- 1.9%
- High of , latest
In words: Volatility of Multi Units LU - Amundi Fed Funds US Dollar Cash in pounds, annualised from weekly returns to 30/09/2026: 5.9% over 1 year, 6.6% over 3 years, 7.7% over 5 years. Largest fall in the price of Multi Units LU - Amundi Fed Funds US Dollar Cash since October 2021, in pounds: −13.7% from 23/09/2022 to 14/07/2023. The lowest 12-month return of Multi Units LU - Amundi Fed Funds US Dollar Cash in pounds (price, with income reinvested in the fund) since January 2021 was −6.7% (12 months to 22/09/2023); the highest was +25.8% (12 months to 23/09/2022). On 30/09/2026 the price of Multi Units LU - Amundi Fed Funds US Dollar Cash was 1.9% below its highest weekly close since October 2021 (17/01/2025), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.10%
- a year
- On £10,000
- £10
- a year, roughly
- Over five years
- £50
- of £10,000, before growth
- 7 charge less
- 13 the same
- 10 charge more
Ongoing charge of Multi Units LU - Amundi Fed Funds US Dollar Cash 0.10% a year, as of 01/10/2026: 10 of the 30 other cash-like and short-term funds charge more, 13 the same and 7 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Multi Units LU - Amundi Fed Funds US Dollar Cash is an exchange-traded fund (ETF) from Amundi, launched in 2015.
It tracks the Solactive Fed Funds Effective Rate Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.1% a year — about £10 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.
Cash-like & short-term: Very short-term loans and money-market funds that aim to follow interest rates with little price movement.
Key facts
- Ticker
- FEDG
- ISIN
- LU1233598447
- Provider
- Amundi
- Tracks
- Solactive Fed Funds Effective Rate Index
- 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
- 0.10% a year · about £10 on £10,000
- Fund size
- £73.7m
- Launched
- Domicile
- Luxembourg
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Cash-like & short-term
Price chart
Since 31/07/2026, the closing price went from £93.79 on 31/07/2026 to £95.66 on 30/09/2026 (+2.0%). The lowest close shown was £92.83 on 21/08/2026 and the highest £95.88 on 25/09/2026.
Chart: closing prices we have recorded since 31/07/2026.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
10 weekly closes, from 31/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS 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
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | FRENCH REPUBL OAT 0.1% 01Mar32 | 17.97% |
| 2 | FRENCH REPUBL OAT 3.2% 25May35 | 8.42% |
| 3 | FRENCH REPUBL OAT 3% 25Nov34 | 4.05% |
| 4 | GERMANY 0% 04Jul27 | 3.91% |
| 5 | GERMANY PPAL 0% 04Jul44 | 2.78% |
| 6 | GERMANY PPAL 0% 04Jan37 | 2.73% |
| 7 | NETHERLANDS 0% 15Jan27 | 2.63% |
| 8 | FRANCE OAT 1.85% 25Jul27 | 2.40% |
| 9 | MAGNUM ICC FI 3.25% Nov31 EMTN | 2.30% |
| 10 | ARGENTA SPBNK 2.5% Oct27 | 2.28% |
Source: Amundi, holdings as published, as of , company pages by TradingView
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.
By sector
- Government64.0%
- Financials16.5%
- Consumer Discretionary6.5%
- Consumer Staples3.3%
- Utilities2.1%
- Health Care2.0%
- Communication Services1.9%
- Industrials1.3%
- Other sectors2.3%
By country
- France46.9%
- Germany21.3%
- Netherlands7.5%
- Spain3.8%
- Belgium3.6%
- United States3.5%
- Italy3.0%
- Norway2.2%
- Other countries8.3%
178 holdings are listed for this fund. All 178 holdings of FEDG, with the full split by sector, country and type of asset.
More of the portfolio
The fund publishes 178 holdings; the ten largest make up 49.5% of it. The fund's portfolio is also split by currency, maturity and credit quality.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
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Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
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 248 rolling 12-month returns since January 2021, and of 144 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 October 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.
Questions people ask
What is the ongoing charge of FEDG?
The ongoing charge of FEDG is 0.10% a year — about £10 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 Multi Units LU - Amundi Fed Funds US Dollar Cash 0.10% a year, as of 01/10/2026: 10 of the 30 other cash-like and short-term funds charge more, 13 the same and 7 less (share classes counted once).
What does FEDG track?
FEDG tracks the Solactive Fed Funds Effective Rate Index.
Is FEDG accumulating or distributing?
FEDG 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 FEDG?
The ISIN of FEDG is LU1233598447. An ISIN identifies one exact share class of a fund; FEDG is its ticker on the London Stock Exchange.
What were FEDG’s returns in each of the last five years?
Calendar-year returns of FEDG in pounds (price, with income reinvested in the fund): 2022 +13.7%, 2023 −0.6%, 2024 +6.5%, 2025 −3.0%; 2026 to 30/09/2026 +4.6%. Past performance is not a guide to future returns.
How has FEDG done after inflation?
Over the five years to 30/09/2026 FEDG’s total return was +23.1%, or −3.7% after UK CPIH inflation. Past performance is not a guide to future returns.
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Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Holdings
- Amundi, as published,
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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