# Invesco MSCI Emerging Markets UCITS ETF (MXFP)

**Page:** https://fundology.uk/fund/mxfp · ISIN IE00B3DWVS88

## 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, MXFP (Invesco MSCI Emerging Markets UCITS ETF, ISIN IE00B3DWVS88) closed at £58.29 on the London Stock Exchange. Its ongoing charge is 0.19% a year (about £19 on £10,000). Over the five years to 13/11/2026 its total return was +39.0%, or +8.5% after UK CPIH inflation.

## Summary

Invesco MSCI Emerging Markets UCITS ETF is an exchange-traded fund (ETF) from Invesco, launched in 2010. 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 0.19% a year — about £19 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: **£58.29** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | MXFP |
| ISIN | IE00B3DWVS88 |
| Also listed as | MXFS (London Stock Exchange, US dollars) |
| Category | Emerging markets |
| Type | ETF |
| Provider | Invesco |
| Tracks | MSCI EM (Emerging Markets) |
| Income | Accumulating |
| Ongoing charge | 0.19% a year (£19 per £10,000) |
| Fund size | £359m |
| Launched | 2010 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 08/04/2010 |

## 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 | +13.39% | +9.37% | income reinvested |
| 3 years | +62.29% | +46.62% | income reinvested |
| 5 years | +39.02% | +8.51% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Invesco MSCI Emerging Markets UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −10.5%, 2023 +2.9%, 2024 +10.1%, 2025 +25.5%; 2026 to 13/11/2026 +11.4%. Returns of Invesco MSCI Emerging Markets UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +28.6%; to 30/09/2025: +17.6%; to 30/09/2024: +15.7%; to 30/09/2023: +1.6%; to 30/09/2022: −12.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -10.5% | -18.0% | Price |
| 2023 | +2.9% | -1.2% | Price |
| 2024 | +10.1% | +6.4% | Price |
| 2025 | +25.5% | +21.2% | Price |
| 2026 to 13/11/2026 | +11.4% | +7.8% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 19.47% | -15.82% |
| 3 years | 15.77% | -15.82% |
| 5 years | 15.88% | -21.98% |

## Largest fall

Volatility of Invesco MSCI Emerging Markets UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 19.5% over 1 year, 15.8% over 3 years, 15.9% over 5 years. Largest fall in the price of Invesco MSCI Emerging Markets UCITS ETF since November 2021, in pounds: −20.3% from 19/11/2021 to 28/10/2022. The lowest 12-month return of Invesco MSCI Emerging Markets UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −18.6% (12 months to 28/10/2022); the highest was +57.4% (12 months to 19/06/2026). On 13/11/2026 the price of Invesco MSCI Emerging Markets UCITS ETF was 13.3% below its highest weekly close since November 2021 (19/06/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Invesco MSCI Emerging Markets UCITS ETF 0.19% a year. Compared on 14/11/2026, 115 of the 151 other emerging-market share funds charge more, 8 the same and 28 less (share classes counted once).

## 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 | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation | 0.18% | +11.8% | +59.0% | +37.7% |
| Amundi Core MSCI Emerging Markets -UCITS ETF DR- Distribution | 0.24% | +11.4% | +62.1% | +37.5% |
| Amundi MSCI Emerging Markets Swap -UCITS ETF USD C- Capitalisation | 0.20% | +13.7% | +63.6% | +40.6% |
| Amundi MSCI Emerging Markets Swap II UCITS ETF Act -USD Acc- | 0.55% | +11.5% | +61.8% | +35.6% |
| BNP PARIBAS EASY MSCI EMERGING Capitalisation -UCITS ETF- | 0.09% | — | — | — |
| HSBC MSCI Emerging Markets UCITS ETF | 0.15% | +13.7% | +62.6% | +39.9% |
| HSBC MSCI EMERGING MARKETS UCITS ETF AccumUSD | 0.15% | +13.7% | — | — |
| Invesco MSCI Emerging Markets UCITS ETF (this fund) | 0.19% | +13.4% | +62.3% | +39.0% |
| iShares MSCI EM UCITS ETF USD (Acc) | 0.18% | +13.5% | +63.8% | +41.0% |
| iShares MSCI EM UCITS ETF USD (Dist) | 0.18% | +13.5% | +63.7% | +40.8% |
| iShares VI PLC - iShares MSCI EM Swap UCITS ETF Accum- USD | 0.14% | — | — | — |
| Multi Units LU - Amundi MSCI Emerging Markets II | 0.14% | +13.7% | +64.1% | — |
| Multi Units LU - Amundi MSCI Emerging Markets II Acc | 0.14% | +14.3% | +64.2% | — |
| State Street SPDR MSCI Emerging Markets UCITS ETF Accum.Shs USD | 0.18% | +12.2% | +60.6% | +38.4% |
| UBS (Irl) Fund Solutions PLC - UBS MSCI EM SF UCITS ETF Accum Shs USD | 0.14% | +13.6% | +58.7% | +40.7% |
| UBS ETF SICAV - UBS ETF - MSCI Emerging Markets UCITS ETF A Distribution | 0.15% | +11.9% | +64.0% | +39.7% |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF | 0.12% | +14.2% | — | — |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF Capitalisation 1C | 0.12% | +13.5% | +62.6% | +39.3% |
| Xtrackers MSCI Emerging Markets UCITS ETF | 0.18% | +13.5% | +63.6% | +40.3% |
| Xtrackers MSCI Emerging Markets UCITS ETF USD | 0.18% | +14.1% | +63.7% | — |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.19%** per year
- 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 30/09/2026, MXFP holds 1,163 positions, according to its published holdings. The largest is TSMC at 15.63% of the fund; the ten largest make up 39.0%.

### Top holdings

Largest positions (as of 30/09/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | TSMC | [2330](https://fundology.uk/stock/2330) | 15.63% |
| 2 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 7.55% |
| 3 | SK hynix | [000660](https://fundology.uk/stock/000660) | 5.90% |
| 4 | Tencent | [700](https://fundology.uk/stock/700) | 2.74% |
| 5 | Baba-W | — | 1.86% |
| 6 | MediaTek | [2454](https://fundology.uk/stock/2454) | 1.82% |
| 7 | Delta Electronics | [2308](https://fundology.uk/stock/2308) | 0.94% |
| 8 | Samsung Elec Preference S1 | — | 0.94% |
| 9 | Ccb | — | 0.86% |
| 10 | Hon Hai Precision Industry | [2317](https://fundology.uk/stock/2317) | 0.79% |

## 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 30/09/2026.

| Sector | Weight |
|---|---|
| Information Technology | 44.3% |
| Financials | 19.7% |
| Consumer Discretionary | 7.3% |
| Communication Services | 5.8% |
| Materials | 5.8% |
| Industrials | 5.7% |
| Energy | 3.4% |
| Health Care | 2.7% |
| Other sectors | 5.3% |

### By country

As published for the fund, as of 30/09/2026.

| Country | Weight |
|---|---|
| Taiwan | 29.1% |
| South Korea | 21.8% |
| China | 19.5% |
| India | 10.5% |
| Brazil | 4.0% |
| South Africa | 2.4% |
| Saudi Arabia | 2.3% |
| Mexico | 1.7% |
| Other countries | 8.8% |

The 958 holdings on record (of 1,163 reported): https://fundology.uk/fund/mxfp/holdings

## Questions people ask

**What is the ongoing charge of MXFP?**

The ongoing charge of MXFP is 0.19% a year — about £19 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 MSCI Emerging Markets UCITS ETF 0.19% a year. Compared on 14/11/2026, 115 of the 151 other emerging-market share funds charge more, 8 the same and 28 less (share classes counted once).

**What does MXFP track?**

MXFP tracks the MSCI EM (Emerging Markets) — companies in emerging economies such as China, India, Taiwan and Brazil.

**Is MXFP accumulating or distributing?**

MXFP 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 MXFP?**

The ISIN of MXFP is IE00B3DWVS88. An ISIN identifies one exact share class of a fund; MXFP is its ticker on the London Stock Exchange. The same share class is also listed as MXFS (London Stock Exchange, US dollars).

**What does MXFP hold?**

As of 30/09/2026, MXFP holds 1,163 positions, according to its published holdings. The largest is TSMC at 15.63% of the fund; the ten largest make up 39.0%. Its ten largest holdings are TSMC (15.63%), Samsung Electronics (7.55%), SK hynix (5.90%), Tencent (2.74%), Baba-W (1.86%), MediaTek (1.82%), Delta Electronics (0.94%), Samsung Elec Preference S1 (0.94%), Ccb (0.86%) and Hon Hai Precision Industry (0.79%).

**What were MXFP’s returns in each of the last five years?**

Calendar-year returns of MXFP in pounds (price, with income reinvested in the fund): 2022 −10.5%, 2023 +2.9%, 2024 +10.1%, 2025 +25.5%; 2026 to 13/11/2026 +11.4%. Past performance is not a guide to future returns.

**How has MXFP done after inflation?**

Over the five years to 13/11/2026 MXFP’s total return was +39.0%, or +8.5% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.