ETF · Amundi
LEMA Multi Units LU - Amundi MSCI Emerging Markets II Acc
ISIN LU2573967036London Stock Exchange: LEMASAS Rue la Boétie
- Emerging markets
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE$78.10
on
- Ongoing charge
- 0.14% a year
- Fund size
- £4.4bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, LEMA (Multi Units LU - Amundi MSCI Emerging Markets II Acc, ISIN LU2573967036) closed at $78.10 on the London Stock Exchange. Its ongoing charge is 0.14% a year (about £14 on £10,000). Over the three years to 13/11/2026 its total return was +64.2%, or +48.4% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +14.3%
- +10.3% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +64.2%
- +48.4% after inflation (UK CPIH)
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Multi Units LU - Amundi MSCI Emerging Markets II Acc in pounds (price, with income reinvested in the fund): 2024 +10.6%, 2025 +26.4%; 2026 to 13/11/2026 +11.2%. Returns of Multi Units LU - Amundi MSCI Emerging Markets II Acc in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +28.2%; to 30/09/2025: +18.5%; to 30/09/2024: +16.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +11.2% | +7.6% | |
| to | +26.4% | +22.1% | |
| to | +10.6% | +6.8% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +28.2% | +23.7% |
| from | +18.5% | +13.9% |
| from | +16.4% | +13.4% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
15.9%over 3 years
| 1 year | 19.4% |
|---|---|
| 3 years | 15.9% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −20.0%
- From to
- Lowest 12-month return
- −17.5%
- 12 months to
- Highest 12-month return
- +57.7%
- 12 months to
- Below its highest weekly close since November 2021
- 13.2%
- High of , latest
In words: Volatility of Multi Units LU - Amundi MSCI Emerging Markets II Acc in pounds, annualised from weekly returns to 13/11/2026: 19.4% over 1 year, 15.9% over 3 years. Largest fall in the price of Multi Units LU - Amundi MSCI Emerging Markets II Acc since November 2021, in pounds: −20.0% from 19/11/2021 to 28/10/2022. The lowest 12-month return of Multi Units LU - Amundi MSCI Emerging Markets II Acc in pounds (price, with income reinvested in the fund) since January 2021 was −17.5% (12 months to 28/10/2022); the highest was +57.7% (12 months to 19/06/2026). On 13/11/2026 the price of Multi Units LU - Amundi MSCI Emerging Markets II Acc was 13.2% below its highest weekly close since November 2021 (19/06/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.14%
- a year
- On £10,000
- £14
- a year, roughly
- Over five years
- £70
- of £10,000, before growth
- 5 charge less
- 3 the same
- 143 charge more
Ongoing charge of Multi Units LU - Amundi MSCI Emerging Markets II Acc 0.14% a year. Compared on 14/11/2026, 143 of the 151 other emerging-market share funds charge more, 3 the same and 5 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Multi Units LU - Amundi MSCI Emerging Markets II Acc is an exchange-traded fund (ETF) from Amundi, launched in 2023.
It tracks the MSCI EM (Emerging Markets) — 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 0.14% a year — about £14 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.
Emerging markets: Companies in faster-growing but less mature economies such as China, India, Taiwan and Brazil. Prices tend to move more.
Key facts
- Ticker
- LEMA
- ISIN
- LU2573967036
- Provider
- Amundi
- 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
- 0.14% a year · about £14 on £10,000
- Fund size
- £4.4bn
- Launched
- Domicile
- Luxembourg
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- USD
- Category
- Emerging markets
Price chart
Over the last year, the closing price went from $69.51 on 14/11/2025 to $78.10 on 13/11/2026 (+12.4%). The lowest close shown was $67.73 on 21/11/2025 and the highest $89.98 on 19/06/2026.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
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How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 380
- 439 reported in all
- Ten largest
- 36.7%
- of the whole fund
- Effective number of holdings
- 52
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 6.8%
- Amazon
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | AmazonAMZNConsumer DiscretionaryUnited States | 6.76% |
| 2 | Advanced Micro DevicesAMDInformation TechnologyUnited States | 5.27% |
| 3 | Micron TechnologyMUInformation TechnologyUnited States | 4.13% |
| 4 | NVIDIANVDAInformation TechnologyUnited States | 3.82% |
| 5 | Alphabet · Class CGOOGCommunication ServicesUnited States | 3.42% |
| 6 | IntelINTCInformation TechnologyUnited States | 3.32% |
| 7 | BroadcomAVGOInformation TechnologyUnited States | 3.08% |
| 8 | TeslaTSLAConsumer DiscretionaryUnited States | 2.87% |
| 9 | MicrosoftMSFTInformation TechnologyUnited States | 2.41% |
| 10 | Meta Platforms · Class AMETACommunication ServicesUnited States | 1.59% |
As of , holdings as published
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
All holdings
The fund publishes 439 holdings; the ten largest make up 36.7% 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.
Sector split
As a share of the whole fund. 100.7% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Electronic Technology33.2%
- Technology Services16.9%
- Retail Trade9.4%
- Health Technology9.2%
- Finance7.3%
- Producer Manufacturing5.6%
- Consumer Non-Durables3.6%
- Consumer Services3.4%
- Other classified sectors12.2%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
20 funds track MSCI EM (Emerging Markets), this one included and share classes counted once; their ongoing charges range from 0.09% to 0.55% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Core MSCI Emerging Markets -UCITS ETF DR- CapitalisationAccumulating · 0.18% a year | 0.18% | +11.8% | +59.0% | +37.7% |
| Amundi Core MSCI Emerging Markets -UCITS ETF DR- DistributionDistributing · 0.24% a year | 0.24% | +11.4% | +62.1% | +37.5% |
| Amundi MSCI Emerging Markets Swap -UCITS ETF USD C- CapitalisationAccumulating · 0.20% a year | 0.20% | +13.7% | +63.6% | +40.6% |
| Amundi MSCI Emerging Markets Swap II UCITS ETF Act -USD Acc-Accumulating · 0.55% a year | 0.55% | +11.5% | +61.8% | +35.6% |
| BNP PARIBAS EASY MSCI EMERGING Capitalisation -UCITS ETF-Accumulating · 0.09% a year | 0.09% | Not reported | Not reported | Not reported |
| HSBC MSCI Emerging Markets UCITS ETFDistributing · 0.15% a year | 0.15% | +13.7% | +62.6% | +39.9% |
| HSBC MSCI EMERGING MARKETS UCITS ETF AccumUSDAccumulating · 0.15% a year | 0.15% | +13.7% | Not reported | Not reported |
| Invesco MSCI Emerging Markets UCITS ETFAccumulating · 0.19% a year | 0.19% | +13.4% | +62.3% | +39.0% |
| iShares MSCI EM UCITS ETF USD (Acc)Accumulating · 0.18% a year | 0.18% | +13.5% | +63.8% | +41.0% |
| iShares MSCI EM UCITS ETF USD (Dist)Distributing · 0.18% a year | 0.18% | +13.5% | +63.7% | +40.8% |
| iShares MSCI EM Swap UCITS ETF Accum- USDAccumulating · 0.14% a year | 0.14% | Not reported | Not reported | Not reported |
| Multi Units LU - Amundi MSCI Emerging Markets IIDistributing · 0.14% a year | 0.14% | +13.7% | +64.1% | Not reported |
| Multi Units LU - Amundi MSCI Emerging Markets II AccThis fundAccumulating · 0.14% a year | 0.14% | +14.3% | +64.2% | Not reported |
| State Street SPDR MSCI Emerging Markets UCITS ETFAccumulating · 0.18% a year | 0.18% | +12.2% | +60.6% | +38.4% |
| UBS MSCI EM SF UCITS ETFAccumulating · 0.14% a year | 0.14% | +13.6% | +58.7% | +40.7% |
| UBS ETF - MSCI Emerging Markets UCITS ETF A DistributionDistributing · 0.15% a year | 0.15% | +11.9% | +64.0% | +39.7% |
| Xtrackers MSCI Emerging Markets Swap UCITS ETFDistributing · 0.12% a year | 0.12% | +14.2% | Not reported | Not reported |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF Capitalisation 1CAccumulating · 0.12% a year | 0.12% | +13.5% | +62.6% | +39.3% |
| Xtrackers MSCI Emerging Markets UCITS ETFAccumulating · 0.18% a year | 0.18% | +13.5% | +63.6% | +40.3% |
| Xtrackers MSCI Emerging Markets UCITS ETF USDDistributing · 0.18% a year | 0.18% | +14.1% | +63.7% | Not reported |
As of
MSCI Emerging Markets funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
- Amundi Core MSCI Emerging Markets -UCITS ETF DR- CapitalisationAccumulating · 0.18% a year · LU1437017350
- Amundi Core MSCI Emerging Markets -UCITS ETF DR- DistributionDistributing · 0.24% a year · LU1737652583
- Amundi MSCI Emerging Markets Swap -UCITS ETF USD C- CapitalisationAccumulating · 0.20% a year · LU1681045453
- Amundi MSCI Emerging Markets Swap II UCITS ETF Act -USD Acc-Accumulating · 0.55% a year · FR0010435297
- Multi Units LU - Amundi MSCI Emerging Markets IIDistributing · 0.14% a year · LU2573966905
Read more:Share classesAccumulating or incomeCurrency hedging
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 251 rolling 12-month returns since January 2021, and of 147 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
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Rank among similar funds
Rank by total return over 1 and 3 years among up to 142 emerging-market share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI EM IMI UCITS ETF, over the three years to 13/11/2026 (156 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of LEMA?
The ongoing charge of LEMA is 0.14% a year — about £14 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 Emerging Markets II Acc 0.14% a year. Compared on 14/11/2026, 143 of the 151 other emerging-market share funds charge more, 3 the same and 5 less (share classes counted once).
What does LEMA track?
LEMA tracks the MSCI EM (Emerging Markets) — companies in emerging economies such as China, India, Taiwan and Brazil.
Is LEMA accumulating or distributing?
LEMA 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 LEMA?
The ISIN of LEMA is LU2573967036. An ISIN identifies one exact share class of a fund; LEMA is its ticker on the London Stock Exchange.
What does LEMA hold?
LEMA 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 LEMA’s returns in each of the last five years?
Calendar-year returns of LEMA in pounds (price, with income reinvested in the fund): 2024 +10.6%, 2025 +26.4%; 2026 to 13/11/2026 +11.2%. Past performance is not a guide to future returns.
How has LEMA done after inflation?
Over the three years to 13/11/2026 LEMA’s total return was +64.2%, or +48.4% 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 · £31bn
- XMMSXtrackers MSCI Emerging Markets UCITS ETF0.18% a year · £9.9bn
- SEMAiShares MSCI EM UCITS ETF USD (Acc)0.18% a year · £7.6bn
- IEEMiShares MSCI EM UCITS ETF USD (Dist)0.18% a year · £7.0bn
- EDG2iShares MSCI EM CTB Enhanced ESG UCITS ETF0.23% a year · £6.0bn
- CEA1iShares MSCI EM Asia UCITS ETF0.20% a year · £5.8bn
- E127Multi Units LU - Amundi MSCI Emerging Markets II0.14% a year · £4.5bn
- SEGMiShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD0.18% a year · £4.3bn
Fund documents and methods
- Fund documents
- Fund page at Amundi (links checked )
Methodology:ReturnsCategoriesAll methods
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