# Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation (KRWL) **Page:** https://fundology.uk/fund/krwl · ISIN LU1900066975 ## 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, KRWL (Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation, ISIN LU1900066975) closed at £119.93 on the London Stock Exchange. Its ongoing charge is 0.45% a year (about £45 on £10,000). Over the five years to 13/11/2026 its total return was +107.4%, or +61.9% after UK CPIH inflation. ## Summary Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation is an exchange-traded fund (ETF) from Amundi, launched in 2006. It tracks the MSCI Korea 20/35 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 0.45% a year — about £45 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: **£119.93** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | KRWL | | ISIN | LU1900066975 | | Also listed as | KRW (London Stock Exchange, US dollars), LKOR (Xetra, euros) | | Category | Emerging markets | | Type | ETF | | Provider | Amundi | | Tracks | MSCI Korea 20/35 Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.45% a year (£45 per £10,000) | | Fund size | £706m | | Launched | 2006 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 21/02/2019 | ## 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 | +58.54% | +52.92% | income reinvested | | 3 years | +145.68% | +121.96% | income reinvested | | 5 years | +107.41% | +61.90% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation in pounds (price, with income reinvested in the fund): 2022 −19.6%, 2023 +13.0%, 2024 −18.3%, 2025 +86.0%; 2026 to 13/11/2026 +42.6%. Returns of Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +132.1%; to 30/09/2025: +29.1%; to 30/09/2024: +3.1%; to 30/09/2023: +14.5%; to 30/09/2022: −27.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -19.6% | -26.4% | Price | | 2023 | +13.0% | +8.5% | Price | | 2024 | -18.3% | -21.0% | Price | | 2025 | +86.0% | +79.7% | Price | | 2026 to 13/11/2026 | +42.6% | +38.1% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 48.06% | -35.74% | | 3 years | 33.20% | -35.74% | | 5 years | 28.89% | -35.74% | ## Largest fall Volatility of Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation in pounds, annualised from weekly returns to 13/11/2026: 48.1% over 1 year, 33.2% over 3 years, 28.9% over 5 years. Largest fall in the price of Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation since November 2021, in pounds: −35.7% from 19/06/2026 to 06/11/2026. The lowest 12-month return of Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation in pounds (price, with income reinvested in the fund) since January 2021 was −29.5% (12 months to 01/07/2022); the highest was +252.2% (12 months to 29/05/2026). On 13/11/2026 the price of Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation was 33.7% below its highest weekly close since November 2021 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation 0.45% a year. Compared on 14/11/2026, 67 of the 151 other emerging-market share funds charge more, 2 the same and 82 less (share classes counted once). ## Funds tracking the same index 3 funds track MSCI Korea 20/35 Index - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.45% to 0.67% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares MSCI Korea UCITS ETF USD (Acc) | 0.65% | +58.7% | +144.7% | +105.9% | | iShares MSCI Korea UCITS ETF USD (Dist) | 0.67% | +57.8% | +144.2% | +104.8% | | Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation (this fund) | 0.45% | +58.5% | +145.7% | +107.4% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.45%** 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. ## What it holds KRWL is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 11/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index. ### Top holdings Largest positions (as of 11/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 7.30% | | 2 | Procter & Gamble | [PG](https://fundology.uk/stock/PG) | 6.08% | | 3 | Eaton | [ETN](https://fundology.uk/stock/ETN) | 5.53% | | 4 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 4.37% | | 5 | UnitedHealth Group | [UNH](https://fundology.uk/stock/UNH) | 3.19% | | 6 | Johnson & Johnson | [JNJ](https://fundology.uk/stock/JNJ) | 2.92% | | 7 | CrowdStrike | [CRWD](https://fundology.uk/stock/CRWD) | 2.63% | | 8 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 2.58% | | 9 | Applied Materials | [AMAT](https://fundology.uk/stock/AMAT) | 2.58% | | 10 | Goldman Sachs Group | [GS](https://fundology.uk/stock/GS) | 2.53% | The 114 holdings on record (of 146 reported): https://fundology.uk/fund/krwl/holdings ## Questions people ask **What is the ongoing charge of KRWL?** The ongoing charge of KRWL is 0.45% a year — about £45 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 MSCI Korea ETF Acc- Capitalisation 0.45% a year. Compared on 14/11/2026, 67 of the 151 other emerging-market share funds charge more, 2 the same and 82 less (share classes counted once). **What does KRWL track?** KRWL tracks the MSCI Korea 20/35 Index - Benchmark TR Net. **Is KRWL accumulating or distributing?** KRWL 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 KRWL?** The ISIN of KRWL is LU1900066975. An ISIN identifies one exact share class of a fund; KRWL is its ticker on the London Stock Exchange. The same share class is also listed as KRW (London Stock Exchange, US dollars) and LKOR (Xetra, euros). **What does KRWL hold?** KRWL is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 11/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index. **What were KRWL’s returns in each of the last five years?** Calendar-year returns of KRWL in pounds (price, with income reinvested in the fund): 2022 −19.6%, 2023 +13.0%, 2024 −18.3%, 2025 +86.0%; 2026 to 13/11/2026 +42.6%. Past performance is not a guide to future returns. **How has KRWL done after inflation?** Over the five years to 13/11/2026 KRWL’s total return was +107.4%, or +61.9% 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-korea-ucits-etf-acc/lu1900066975) - Links checked 12/10/2026. --- 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.