# Amundi Core MSCI World Swap UCITS ETF D- (MSCW) **Page:** https://fundology.uk/fund/mscw · ISIN LU2572257124 ## 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, MSCW (Amundi Core MSCI World Swap UCITS ETF D-, ISIN LU2572257124) closed at £104.15 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the three years to 13/11/2026 its total return was +62.1%, or +46.5% after UK CPIH inflation. ## Summary Amundi Index Solutions SICAV - Amundi Core MSCI World Swap UCITS ETF D- is an exchange-traded fund (ETF) from Amundi, launched in 2023. It tracks the MSCI World Index — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.2% a year — about £20 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£104.15** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | MSCW | | ISIN | LU2572257124 | | Also listed as | MWLD (London Stock Exchange, US dollars), AHYQ (Xetra, euros), AHYR (Xetra, US dollars) | | Category | Global shares | | Type | ETF | | Provider | Amundi | | Tracks | MSCI World Index | | Income | Distributing | | Ongoing charge | 0.20% a year (£20 per £10,000) | | Fund size | £5.7bn | | Launched | 2023 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/10/2022 | ## 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 | +10.92% | +6.99% | income reinvested | | 3 years | +62.10% | +46.45% | 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 Core MSCI World Swap UCITS ETF D- in pounds (price only, income paid out not included): 2026 to 13/11/2026 +12.4%. Returns of Amundi Index Solutions SICAV - Amundi Core MSCI World Swap UCITS ETF D- in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +15.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 13/11/2026 | +12.4% | +8.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 11.07% | -6.54% | ## Largest fall Volatility of Amundi Index Solutions SICAV - Amundi Core MSCI World Swap UCITS ETF D- in pounds, annualised from weekly returns to 13/11/2026: 11.1% over 1 year. Largest fall in the price of Amundi Index Solutions SICAV - Amundi Core MSCI World Swap UCITS ETF D- since February 2025, in pounds: −14.9% from 21/02/2025 to 04/04/2025. On 13/11/2026 the price of Amundi Index Solutions SICAV - Amundi Core MSCI World Swap UCITS ETF D- was 2.3% below its highest weekly close since February 2025 (09/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Amundi Index Solutions SICAV - Amundi Core MSCI World Swap UCITS ETF D- 0.20% a year. Compared on 14/11/2026, 135 of the 207 other global share funds charge more, 17 the same and 55 less (share classes counted once). ## Funds tracking the same index 32 funds track MSCI World Index, this one included and share classes counted once; their ongoing charges range from 0.05% to 0.50% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi Core MSCI World UCITS ETF Accum 2 USD | 0.07% | — | — | — | | Amundi Core MSCI World UCITS ETF Accum USD | 0.13% | +10.8% | — | — | | Amundi Index Solutions SICAV - Amundi Core MSCI World Swap UCITS ETF D- (this fund) | 0.20% | +10.9% | +62.1% | — | | Amundi MSCI World Swap -UCITS ETF- Capitalisation | 0.38% | +11.5% | +60.7% | +64.3% | | Amundi MSCI World Swap II UCITS ETF Act -Dist- | 0.30% | +10.7% | +60.9% | +65.9% | | Amundi MSCI World Swap II UCITS ETF Act -Monthly Hedged to EUR - Dist- | 0.30% | +4.9% | +56.7% | +51.6% | | Amundi MSCI World Swap II UCITS ETF Act -Monthly Hedged to USD - Dist- | 0.30% | +12.5% | +60.2% | +75.8% | | BNP Paribas Easy ICAV - BNP Paribas Easy MSCI World UCITS ETF Accum-CAP- USD | 0.10% | +11.5% | — | — | | HSBC MSCI WORLD UCITS ETF | 0.15% | +11.3% | — | — | | HSBC MSCI World UCITS ETF USD | 0.15% | +11.3% | +62.3% | +66.6% | | Invesco Markets PLC - Invesco MSCI World UCITS ETF USD | 0.05% | — | — | — | | Invesco MSCI World UCITS ETF | 0.05% | +11.4% | +62.4% | +66.6% | | iShares Core MSCI World UCITS ETF | 0.20% | +11.3% | +62.1% | +66.2% | | iShares Core MSCI World UCITS ETF Hedged (Dist) | 0.30% | +5.4% | +59.3% | +51.4% | | iShares Core MSCI World UCITS ETF Hedged GBP | 0.30% | +13.1% | +74.3% | +66.3% | | iShares III PLC - iShares Core MSCI World UCITS ETF USD | 0.20% | +11.3% | — | — | | Ishares Msci World Swap Ucits Etf | 0.12% | +11.5% | — | — | | iShares MSCI World UCITS ETF USD (Dist) | 0.50% | +10.9% | +60.6% | +63.7% | | iShares VI PLC - iShares MSCI World Swap UCITS ETF AccumHedged GBP | 0.13% | +12.8% | — | — | | State Street SPDR MSCI World UCITS ETF - USD | 0.12% | — | — | — | | State Street SPDR MSCI World UCITS ETF Accum Shs USD | 0.12% | +10.9% | +62.2% | +66.8% | | UBS (Irl) ETF PLC - UBS Core MSCI World UCITS ETF A- Hedged GBP | 0.09% | +13.3% | — | — | | UBS (Irl) ETF PLC - UBS Core MSCI World UCITS ETF Accum A Hedged GBP | 0.09% | — | — | — | | UBS (Lux) Fund Solutions SICAV - UBS MSCI World UCITS ETF -USD dis- Distribution | 0.30% | +10.7% | +60.6% | +63.7% | | UBS Core MSCI World UCITS ETF Accum Shs -A- USD | 0.06% | +11.4% | +62.7% | +66.2% | | UBS Core MSCI World UCITS ETF Class -A- USD | 0.06% | +11.4% | +62.7% | +66.2% | | Xtrackers MSCI World Swap UCITS ETF | 0.19% | +11.4% | +62.8% | — | | Xtrackers MSCI WORLD SWAP UCITS ETF Capitalisation 1C | 0.45% | +11.7% | +61.7% | +65.5% | | Xtrackers MSCI WORLD SWAP UCITS ETF Capitalisation 4C | 0.39% | +5.4% | +59.7% | +52.0% | | Xtrackers MSCI World UCITS ETF | 0.12% | +11.3% | +62.2% | +66.2% | | Xtrackers MSCI World UCITS ETF Dist | 0.12% | +11.3% | +62.4% | +66.5% | | Xtrackers MSCI World UCITS ETF GBP Hedged Dist | 0.14% | +13.3% | +75.2% | +67.0% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.20%** 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 MSCW 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) | 7.39% | | 2 | Advanced Micro Devices | [AMD](https://fundology.uk/stock/AMD) | 6.48% | | 3 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 6.09% | | 4 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 4.72% | | 5 | Micron Technology | [MU](https://fundology.uk/stock/MU) | 3.47% | | 6 | Natera | [NTRA](https://fundology.uk/stock/NTRA) | 3.34% | | 7 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 2.69% | | 8 | JP Morgan Chase | [JPM](https://fundology.uk/stock/JPM) | 2.65% | | 9 | Flutter Entertainment | [FLUT](https://fundology.uk/stock/FLUT) | 2.59% | | 10 | Analog Devices | [ADI](https://fundology.uk/stock/ADI) | 2.19% | The 207 holdings on record (of 222 reported): https://fundology.uk/fund/mscw/holdings ## Questions people ask **What is the ongoing charge of MSCW?** The ongoing charge of MSCW is 0.20% a year — about £20 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 Core MSCI World Swap UCITS ETF D- 0.20% a year. Compared on 14/11/2026, 135 of the 207 other global share funds charge more, 17 the same and 55 less (share classes counted once). **What does MSCW track?** MSCW tracks the MSCI World Index — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US. **Is MSCW accumulating or distributing?** MSCW is distributing: income is paid out to holders as cash, usually a few times a year. It pays out annual. **What is the ISIN of MSCW?** The ISIN of MSCW is LU2572257124. An ISIN identifies one exact share class of a fund; MSCW is its ticker on the London Stock Exchange. The same share class is also listed as MWLD (London Stock Exchange, US dollars), AHYQ (Xetra, euros) and AHYR (Xetra, US dollars). **What does MSCW hold?** MSCW 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 MSCW’s returns in each of the last five years?** Calendar-year returns of MSCW in pounds (price only, income paid out not included): 2026 to 13/11/2026 +12.4%. Past performance is not a guide to future returns. **How has MSCW done after inflation?** Over the three years to 13/11/2026 MSCW’s total return was +62.1%, or +46.5% 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-core-msci-world-swap-ucits-etf-dist/lu2572257124) - 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.