# Amundi MSCI Smart Cities (IQCT)

**Page:** https://fundology.uk/fund/iqct · ISIN LU2037748345

## 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 06/11/2026, IQCT (Amundi MSCI Smart Cities, ISIN LU2037748345) closed at £63.10 on the London Stock Exchange. Its ongoing charge is 0.51% a year (about £51 on £10,000). Over the year to 06/11/2026 its total return was +4.8%, or +1.1% after UK CPIH inflation.

## Summary

Amundi Index Solutions SICAV - Amundi MSCI Smart Cities is an exchange-traded fund (ETF) from Amundi, launched in 2019. It tracks the MSCI ACWI IMI Smart Cities ESG Filtered Index - EUR - Benchmark TR Net — large and medium-sized companies across developed and emerging markets. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.51% a year — about £51 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: **£63.10** (06/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IQCT |
| ISIN | LU2037748345 |
| Also listed as | AMEC (Xetra, euros) |
| Category | Global shares |
| Type | ETF |
| Provider | Amundi |
| Tracks | MSCI ACWI IMI Smart Cities ESG Filtered Index - EUR - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.51% a year (£51 per £10,000) |
| Fund size | £48.3m |
| Launched | 2019 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/10/2019 |

## Past returns (periods to 06/11/2026)

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 | +4.79% | +1.08% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Amundi Index Solutions SICAV - Amundi MSCI Smart Cities in pounds (price, with income reinvested in the fund): 2025 +13.2%; 2026 to 06/11/2026 +8.3%. Returns of Amundi Index Solutions SICAV - Amundi MSCI Smart Cities in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +23.3%; to 30/09/2025: +20.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | +13.2% | +9.3% | Price |
| 2026 to 06/11/2026 | +8.3% | +4.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 21.55% | -18.14% |

## Largest fall

Volatility of Amundi Index Solutions SICAV - Amundi MSCI Smart Cities in pounds, annualised from weekly returns to 06/11/2026: 21.5% over 1 year. Largest fall in the price of Amundi Index Solutions SICAV - Amundi MSCI Smart Cities since April 2024, in pounds: −19.3% from 24/01/2025 to 04/04/2025. The lowest 12-month return of Amundi Index Solutions SICAV - Amundi MSCI Smart Cities in pounds (price, with income reinvested in the fund) since April 2024 was −2.7% (12 months to 25/04/2025); the highest was +52.1% (12 months to 19/06/2026). On 06/11/2026 the price of Amundi Index Solutions SICAV - Amundi MSCI Smart Cities was 18.1% below its highest weekly close since April 2024 (19/06/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Amundi Index Solutions SICAV - Amundi MSCI Smart Cities 0.51% a year. Compared on 11/11/2026, 20 of the 207 other global share funds charge more, 1 the same and 186 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.51%** per year (as of 06/11/2026)
- 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.

## What it holds

As of 04/11/2026, IQCT holds 181 positions, according to its published holdings. The largest is Palo Alto Networks at 3.47% of the fund; the ten largest make up 26.5%.

### Top holdings

Largest positions (as of 04/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Palo Alto Networks | [PANW](https://fundology.uk/stock/PANW) | 3.47% |
| 2 | Advantest | [6857](https://fundology.uk/stock/6857) | 3.29% |
| 3 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 2.79% |
| 4 | MediaTek | [2454](https://fundology.uk/stock/2454) | 2.75% |
| 5 | Johnson Controls International | [JCI](https://fundology.uk/stock/JCI) | 2.47% |
| 6 | Ametek | [AME](https://fundology.uk/stock/AME) | 2.42% |
| 7 | TSMC | [2330](https://fundology.uk/stock/2330) | 2.39% |
| 8 | Hitachi | [6501](https://fundology.uk/stock/6501) | 2.37% |
| 9 | Verizon Communications | [VZ](https://fundology.uk/stock/VZ) | 2.30% |
| 10 | Xiaomi | [1810](https://fundology.uk/stock/1810) | 2.26% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 04/11/2026.

| Sector | Weight |
|---|---|
| Information Technology | 50.8% |
| Industrials | 42.7% |
| Communication Services | 3.0% |
| Utilities | 2.8% |
| Materials | 0.3% |
| Financials | 0.2% |

### By country

As published for the fund, as of 04/11/2026.

| Country | Weight |
|---|---|
| United States | 51.0% |
| Japan | 15.2% |
| Taiwan | 9.8% |
| France | 6.3% |
| Switzerland | 3.2% |
| China | 2.9% |
| United Kingdom | 2.7% |
| Germany | 2.1% |
| Other countries | 6.9% |

The 177 holdings on record (of 181 reported): https://fundology.uk/fund/iqct/holdings

## Questions people ask

**What is the ongoing charge of IQCT?**

The ongoing charge of IQCT is 0.51% a year — about £51 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 Index Solutions SICAV - Amundi MSCI Smart Cities 0.51% a year. Compared on 11/11/2026, 20 of the 207 other global share funds charge more, 1 the same and 186 less (share classes counted once).

**What does IQCT track?**

IQCT tracks the MSCI ACWI IMI Smart Cities ESG Filtered Index - EUR - Benchmark TR Net — large and medium-sized companies across developed and emerging markets.

**Is IQCT accumulating or distributing?**

IQCT 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 IQCT?**

The ISIN of IQCT is LU2037748345. An ISIN identifies one exact share class of a fund; IQCT is its ticker on the London Stock Exchange. The same share class is also listed as AMEC (Xetra, euros).

**What does IQCT hold?**

As of 04/11/2026, IQCT holds 181 positions, according to its published holdings. The largest is Palo Alto Networks at 3.47% of the fund; the ten largest make up 26.5%. Its ten largest holdings are Palo Alto Networks (3.47%), Advantest (3.29%), Apple (2.79%), MediaTek (2.75%), Johnson Controls International (2.47%), Ametek (2.42%), TSMC (2.39%), Hitachi (2.37%), Verizon Communications (2.30%) and Xiaomi (2.26%).

**What were IQCT’s returns in each of the last five years?**

Calendar-year returns of IQCT in pounds (price, with income reinvested in the fund): 2025 +13.2%; 2026 to 06/11/2026 +8.3%. Past performance is not a guide to future returns.

**How has IQCT done after inflation?**

Over the year to 06/11/2026 IQCT’s total return was +4.8%, or +1.1% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at Amundi](https://www.amundietf.co.uk/en/professional/products/equity/amundi-msci-smart-cities-ucits-etf-acc/lu2037748345)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.