# Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc Shs Capitalisation (LCAL) **Page:** https://fundology.uk/fund/lcal · ISIN LU1781541849 ## 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, LCAL (Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc Shs Capitalisation, ISIN LU1781541849) closed at £13.08 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the year to 13/11/2026 its total return was +12.7%, or +8.7% after UK CPIH inflation. ## Summary Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc Shs Capitalisation is an exchange-traded fund (ETF) from Amundi, launched in 2024. It tracks the MSCI EM Asia ESG Broad CTB Select Index - Benchmark TR Net — companies in emerging economies such as China, India, Taiwan and Brazil. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.25% a year — about £25 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: **£13.08** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | LCAL | | ISIN | LU1781541849 | | Also listed as | LCAS (London Stock Exchange, US dollars), LCUA (Xetra, euros) | | Category | Emerging markets | | Type | ETF | | Provider | Amundi | | Tracks | MSCI EM Asia ESG Broad CTB Select Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.25% a year (£25 per £10,000) | | Fund size | £554m | | Launched | 2024 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 18/11/2024 | ## 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 | +12.72% | +8.73% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc Shs Capitalisation in pounds (price, with income reinvested in the fund): 2025 +25.0%; 2026 to 13/11/2026 +12.3%. Returns of Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc Shs Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +30.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | +25.0% | +20.7% | Price | | 2026 to 13/11/2026 | +12.3% | +8.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 21.97% | -18.11% | ## Largest fall Volatility of Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc Shs Capitalisation in pounds, annualised from weekly returns to 13/11/2026: 22.0% over 1 year. Largest fall in the price of Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc Shs Capitalisation since November 2021, in pounds: −24.3% from 19/11/2021 to 28/10/2022. The lowest 12-month return of Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc Shs Capitalisation in pounds (price, with income reinvested in the fund) since January 2021 was −22.2% (12 months to 28/10/2022); the highest was +62.7% (12 months to 19/06/2026). On 13/11/2026 the price of Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc Shs Capitalisation was 15.7% below its highest weekly close since November 2021 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc Shs Capitalisation 0.25% a year. Compared on 14/11/2026, 98 of the 151 other emerging-market share funds charge more, 6 the same and 47 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.25%** 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 As of 11/11/2026, LCAL holds 698 positions, according to its published holdings. The largest is TSMC at 19.16% of the fund; the ten largest make up 44.6%. ### Top holdings Largest positions (as of 11/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | TSMC | [2330](https://fundology.uk/stock/2330) | 19.16% | | 2 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 7.67% | | 3 | SK hynix | [000660](https://fundology.uk/stock/000660) | 5.69% | | 4 | Tencent | [700](https://fundology.uk/stock/700) | 3.37% | | 5 | Alibaba Group | [BABA](https://fundology.uk/stock/BABA) | 2.31% | | 6 | MediaTek | [2454](https://fundology.uk/stock/2454) | 1.89% | | 7 | China Construction Bank HK | — | 1.25% | | 8 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 1.18% | | 9 | HDFC Bank | [HDFCBANK](https://fundology.uk/stock/HDFCBANK) | 1.13% | | 10 | Reliance Industries | [RELIANCE](https://fundology.uk/stock/RELIANCE) | 0.97% | ## 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 11/11/2026. | Sector | Weight | |---|---| | Information Technology | 48.7% | | Financials | 17.3% | | Consumer Discretionary | 8.1% | | Industrials | 6.4% | | Communication Services | 6.3% | | Health Care | 3.8% | | Materials | 2.8% | | Consumer Staples | 2.5% | | Other sectors | 4.3% | ### By country As published for the fund, as of 11/11/2026. | Country | Weight | |---|---| | Taiwan | 33.9% | | China | 25.3% | | South Korea | 22.2% | | India | 15.5% | | Malaysia | 1.2% | | Thailand | 1.2% | | Indonesia | 0.5% | | Philippines | 0.3% | The 611 holdings on record (of 698 reported): https://fundology.uk/fund/lcal/holdings ## Questions people ask **What is the ongoing charge of LCAL?** The ongoing charge of LCAL is 0.25% a year — about £25 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 MSCI EM Asia ESG Broad Transition UCITS ETF Acc Shs Capitalisation 0.25% a year. Compared on 14/11/2026, 98 of the 151 other emerging-market share funds charge more, 6 the same and 47 less (share classes counted once). **What does LCAL track?** LCAL tracks the MSCI EM Asia ESG Broad CTB Select Index - Benchmark TR Net — companies in emerging economies such as China, India, Taiwan and Brazil. **Is LCAL accumulating or distributing?** LCAL 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 LCAL?** The ISIN of LCAL is LU1781541849. An ISIN identifies one exact share class of a fund; LCAL is its ticker on the London Stock Exchange. The same share class is also listed as LCAS (London Stock Exchange, US dollars) and LCUA (Xetra, euros). **What does LCAL hold?** As of 11/11/2026, LCAL holds 698 positions, according to its published holdings. The largest is TSMC at 19.16% of the fund; the ten largest make up 44.6%. Its ten largest holdings are TSMC (19.16%), Samsung Electronics (7.67%), SK hynix (5.69%), Tencent (3.37%), Alibaba Group (2.31%), MediaTek (1.89%), China Construction Bank HK (1.25%), Samsung Electronics (1.18%), HDFC Bank (1.13%) and Reliance Industries (0.97%). **What were LCAL’s returns in each of the last five years?** Calendar-year returns of LCAL in pounds (price, with income reinvested in the fund): 2025 +25.0%; 2026 to 13/11/2026 +12.3%. Past performance is not a guide to future returns. **How has LCAL done after inflation?** Over the year to 13/11/2026 LCAL’s total return was +12.7%, or +8.7% 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-em-asia-esg-broad-transition-ucits-etf-acc/lu1781541849) - 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.