# Pacer Developed Markets International Cash Cows 100 Ucits ETF (ICOW) **Page:** https://fundology.uk/fund/icow · ISIN IE000UD0O069 ## 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, ICOW (Pacer Developed Markets International Cash Cows 100 Ucits ETF, ISIN IE000UD0O069) closed at £22.99 on the London Stock Exchange. Its ongoing charge is 0.90% a year (about £90 on £10,000). Over the year to 13/11/2026 its price changed by +20.5%, or +16.2% after UK CPIH inflation. ## Summary Pacer Developed Markets International Cash Cows 100 Ucits ETF is an exchange-traded fund (ETF) from Pacer, launched in 2024. It tracks the Solactive Pacer Developed Markets International Cash Cows 100 Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.9% a year — about £90 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: **£22.99** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | ICOW | | ISIN | IE000UD0O069 | | Category | Global shares | | Type | ETF | | Provider | Pacer | | Tracks | Solactive Pacer Developed Markets International Cash Cows 100 Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.90% a year (£90 per £10,000) | | Fund size | £8.0m | | Launched | 2024 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 19/04/2024 | ## 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 | +20.52% | +16.25% | price only | Returns: worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Pacer Developed Markets International Cash Cows 100 Ucits ETF in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +17.2%. Returns of Pacer Developed Markets International Cash Cows 100 Ucits ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +21.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 13/11/2026 | +17.2% | +13.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 12.58% | -6.40% | ## Largest fall Volatility of Pacer Developed Markets International Cash Cows 100 Ucits ETF in pounds, annualised from weekly returns to 13/11/2026: 12.6% over 1 year. Largest fall in the price of Pacer Developed Markets International Cash Cows 100 Ucits ETF since February 2025, in pounds: −9.8% from 21/03/2025 to 11/04/2025. On 13/11/2026 the price of Pacer Developed Markets International Cash Cows 100 Ucits ETF was 0.6% below its highest weekly close since February 2025 (04/09/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Pacer Developed Markets International Cash Cows 100 Ucits ETF 0.90% a year. Compared on 14/11/2026, 3 of the 207 other global share funds charge more, 0 the same and 204 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.90%** 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. ## Questions people ask **What is the ongoing charge of ICOW?** The ongoing charge of ICOW is 0.90% a year — about £90 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 Pacer Developed Markets International Cash Cows 100 Ucits ETF 0.90% a year. Compared on 14/11/2026, 3 of the 207 other global share funds charge more, 0 the same and 204 less (share classes counted once). **What does ICOW track?** ICOW tracks the Solactive Pacer Developed Markets International Cash Cows 100 Index - Benchmark TR Net. **Is ICOW accumulating or distributing?** ICOW 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 ICOW?** The ISIN of ICOW is IE000UD0O069. An ISIN identifies one exact share class of a fund; ICOW is its ticker on the London Stock Exchange. **What were ICOW’s returns in each of the last five years?** Calendar-year returns of ICOW in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +17.2%. Past performance is not a guide to future returns. **How has ICOW done after inflation?** Over the year to 13/11/2026 ICOW’s price changed by +20.5%, or +16.2% 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.