# HSBC MSCI China A UCITS ETF AccumUSD (HCAA) **Source:** https://fundology.uk/fund/hcaa · ISIN IE000Z4OYPZ6 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (HSBC), 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 01/10/2026, HCAA (HSBC MSCI China A UCITS ETF AccumUSD, ISIN IE000Z4OYPZ6) closed at $12.16 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the three years to 01/10/2026 its total return was +15.5%, or +4.2% after UK CPIH inflation. ## Summary HSBC MSCI China A UCITS ETF AccumUSD is an exchange-traded fund (ETF) from HSBC, launched in 2022. It tracks the MSCI China A Inclusion Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.3% a year — about £30 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: **$12.16** (01/10/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | HCAA | | ISIN | IE000Z4OYPZ6 | | Category | Emerging markets | | Type | ETF | | Provider | HSBC | | Tracks | MSCI China A Inclusion Index | | Income | Accumulating | | Ongoing charge | 0.30% a year (£30 per £10,000) | | Fund size | £4.8m | | Launched | 2022 | | Domicile | Ireland | ## Past returns (periods to 01/10/2026) 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 | +2.94% | -0.29% | income reinvested | | 3 years | +15.50% | +4.23% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Charges compared with similar funds Ongoing charge of HSBC MSCI China A UCITS ETF AccumUSD 0.30% a year, as of 02/10/2026: 75 of the 141 other emerging-market share funds charge more, 5 the same and 61 less (share classes counted once). ## Funds tracking the same index 5 funds track MSCI China A Inclusion Index, this one included and share classes counted once; their ongoing charges range from 0.30% to 0.60% a year (01/10/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | HSBC MSCI China A UCITS ETF AccumHedged USD | 0.40% | -1.4% | — | — | | HSBC MSCI China A UCITS ETF AccumUSD (this fund) | 0.30% | +2.9% | +15.5% | — | | HSBC MSCI China A UCITS ETF USD | 0.30% | +2.5% | +21.9% | -5.7% | | iShares MSCI China A UCITS ETF | 0.40% | +2.5% | +21.4% | -6.6% | | Xtrackers MSCI China A UCITS ETF Capitalisation -1C- | 0.60% | +2.5% | +32.5% | +5.2% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.30%** per year - ISA eligible: yes - SIPP eligible: yes ## What it holds As of 28/09/2026, HCAA holds 588 positions, according to the holdings HSBC publishes. The largest is Capital Cash Ctrl at 14.26% of the fund; the ten largest make up 54.3%. ### Top holdings Largest positions (as of 28/09/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Capital Cash Ctrl | — | 14.26% | | 2 | Tencent | [700](https://fundology.uk/stock/700) | 14.06% | | 3 | Alibaba Group | [BABA](https://fundology.uk/stock/BABA) | 9.41% | | 4 | China Construction Bank · Class H | [601939](https://fundology.uk/stock/601939) | 4.24% | | 5 | Industrial and Commercial Bank of China · Class H | [601398](https://fundology.uk/stock/601398) | 2.61% | | 6 | Xiaomi · Class B | [1810](https://fundology.uk/stock/1810) | 2.30% | | 7 | Bank of China · Class H | [601988](https://fundology.uk/stock/601988) | 2.12% | | 8 | Meituan · Class B | [3690](https://fundology.uk/stock/3690) | 1.89% | | 9 | NetEase | [NTES](https://fundology.uk/stock/NTES) | 1.73% | | 10 | Ping An Insurance (Group) Co. of China · Class H | — | 1.68% | Source: HSBC, holdings as published, as of 28/09/2026. ## 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 country Added up from the holdings HSBC publishes, as of 28/09/2026. | Country | Weight | |---|---| | China | 94.9% | | Hong Kong | 2.9% | | United States | 1.5% | | Germany | 0.7% | | Not classified | 15.1% | All 588 holdings: https://fundology.uk/fund/hcaa/holdings ## Questions people ask **What is the ongoing charge of HCAA?** The ongoing charge of HCAA is 0.30% a year — about £30 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 HSBC MSCI China A UCITS ETF AccumUSD 0.30% a year, as of 02/10/2026: 75 of the 141 other emerging-market share funds charge more, 5 the same and 61 less (share classes counted once). **What does HCAA track?** HCAA tracks the MSCI China A Inclusion Index. **Is HCAA accumulating or distributing?** HCAA 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 HCAA?** The ISIN of HCAA is IE000Z4OYPZ6. An ISIN identifies one exact share class of a fund; HCAA is its ticker on the London Stock Exchange. **What does HCAA hold?** As of 28/09/2026, HCAA holds 588 positions, according to the holdings HSBC publishes. The largest is Capital Cash Ctrl at 14.26% of the fund; the ten largest make up 54.3%. Its ten largest holdings are Capital Cash Ctrl (14.26%), Tencent (14.06%), Alibaba Group (9.41%), China Construction Bank · Class H (4.24%), Industrial and Commercial Bank of China · Class H (2.61%), Xiaomi · Class B (2.30%), Bank of China · Class H (2.12%), Meituan · Class B (1.89%), NetEase (1.73%) and Ping An Insurance (Group) Co. of China · Class H (1.68%). **How has HCAA done after inflation?** Over the three years to 01/10/2026 HCAA’s total return was +15.5%, or +4.2% after UK CPIH inflation. Past performance is not a guide to future returns. --- 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.