ETF · Invesco
IQMX Invesco Emerging Markets Enhanced Equity UCITS ETF AccumUnhedged USD
ISIN IE000U07IGB1London Stock Exchange: IQMXInvesco Ltd.
- Emerging markets
- ETF
- ISA
- SIPP
- Accumulating
- Currency hedged
Latest close
LSE£5.01
on
- Ongoing charge
- 0.38% a year
- Fund size
- £102m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, IQMX (Invesco Emerging Markets Enhanced Equity UCITS ETF AccumUnhedged USD, ISIN IE000U07IGB1) closed at £5.01 on the London Stock Exchange. Its ongoing charge is 0.38% a year (about £38 on £10,000). Over the year to 30/09/2026 its total return was +30.0%, or +25.9% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +30.0%
- +25.9% after inflation (UK CPIH)
Volatility and the largest fall need a longer record of this fund’s prices than we hold so far. They appear on this page once we do.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Charges compared with similar funds
- Ongoing charge
- 0.38%
- a year
- On £10,000
- £38
- a year, roughly
- Over five years
- £189
- of £10,000, before growth
- 72 charge less
- 0 the same
- 68 charge more
Ongoing charge of Invesco Markets II PLC - Invesco Emerging Markets Enhanced Equity UCITS ETF AccumUnhedged USD 0.38% a year, as of 01/10/2026: 68 of the 140 other emerging-market share funds charge more, 0 the same and 72 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
Invesco Markets II PLC - Invesco Emerging Markets Enhanced Equity UCITS ETF AccumUnhedged USD is an exchange-traded fund (ETF) from Invesco, launched in 2025.
It tracks the No Underlying Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.38% a year — about £38 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.
It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.
Emerging markets: Companies in faster-growing but less mature economies such as China, India, Taiwan and Brazil. Prices tend to move more.
Terms:ETFUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- IQMX
- ISIN
- IE000U07IGB1
- Provider
- Invesco
- Tracks
- No index — the manager chooses the holdings
- 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
- 0.38% a year · about £38 on £10,000
- Fund size
- £102m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- Emerging markets
Price chart
Since 18/09/2026, the closing price went from £4.95 on 18/09/2026 to £5.01 on 30/09/2026 (+1.1%). The lowest close shown was £4.95 on 18/09/2026 and the highest £5.13 on 22/09/2026.
Chart: closing prices we have recorded since 18/09/2026.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
3 weekly closes, from 18/09/2026 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 | Taiwan Semiconductor Manufac TWD10 | 9.77% |
| 2 | Samsung Electronics005930 | 8.75% |
| 3 | Sk Hynix Inc KRW5000 | 6.08% |
| 4 | Tencent700 | 2.58% |
| 5 | Mediatek Inc TWD10 | 2.08% |
| 6 | Alibaba GroupBABA | 1.75% |
| 7 | Icici Bank Ltd-Spon | 1.27% |
| 8 | China Construction Bank601939 | 1.22% |
| 9 | Hdfc Bank Ltd-Adr | 1.14% |
| 10 | Delta Electronics Inc TWD10 | 1.08% |
Source: Invesco, 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
- Information Technology42.6%
- Financials21.1%
- Industrials7.3%
- Materials6.6%
- Consumer Discretionary6.3%
- Communication Services5.7%
- Energy4.7%
- Utilities2.1%
- Other sectors3.5%
By country
- Taiwan28.8%
- South Korea22.2%
- China18.7%
- India9.7%
- Brazil4.5%
- South Africa3.1%
- Mexico2.1%
- Saudi Arabia1.6%
- Other countries9.4%
By type of asset
- Equity99.9%
- Cash and money market0.1%
348 holdings are listed for this fund. All 348 holdings of IQMX, with the full split by sector, country and type of asset.
All holdings
The fund publishes 348 holdings; the ten largest make up 35.7% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Questions people ask
What is the ongoing charge of IQMX?
The ongoing charge of IQMX is 0.38% a year — about £38 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 Invesco Markets II PLC - Invesco Emerging Markets Enhanced Equity UCITS ETF AccumUnhedged USD 0.38% a year, as of 01/10/2026: 68 of the 140 other emerging-market share funds charge more, 0 the same and 72 less (share classes counted once).
Is IQMX accumulating or distributing?
IQMX 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 IQMX?
The ISIN of IQMX is IE000U07IGB1. An ISIN identifies one exact share class of a fund; IQMX is its ticker on the London Stock Exchange.
How has IQMX done after inflation?
Over the year to 30/09/2026 IQMX’s total return was +30.0%, or +25.9% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- EMIMiShares Core MSCI EM IMI UCITS ETF0.18% a year · £26bn
- XMMSXtrackers MSCI Emerging Markets UCITS ETF0.18% a year · £8.2bn
- SEMAiShares MSCI EM UCITS ETF USD (Acc)0.18% a year · £6.0bn
- IEEMiShares MSCI EM UCITS ETF USD (Dist)0.18% a year · £5.8bn
- EDG2iShares MSCI EM CTB Enhanced ESG UCITS ETF0.26% a year · £5.0bn
- CEA1iShares MSCI EM Asia UCITS ETF0.20% a year · £5.0bn
- SEGMiShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD0.21% a year · £3.6bn
- E127Multi Units LU - Amundi MSCI Emerging Markets II0.14% a year · £3.6bn
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)
- Inflation
- ONS CPIH, latest month published
- Charges
- The fund’s ongoing charges figure, via TradingView
- Holdings
- Invesco, 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
A machine-readable copy of this page: Markdown.