# Amundi MSCI World Information Technology UCITS ETF USD ACC (TNOW) **Page:** https://fundology.uk/fund/tnow · ISIN LU0533033741 ## 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, TNOW (Amundi MSCI World Information Technology UCITS ETF USD ACC, ISIN LU0533033741) closed at $1,261.50 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the five years to 13/11/2026 its total return was +106.6%, or +61.2% after UK CPIH inflation. ## Summary Amundi MSCI World Information Technology UCITS ETF USD ACC is an exchange-traded fund (ETF) from Amundi, launched in 2010. It tracks the MSCI World Index / Information Technology -SEC — 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 0.3% a year — about £30 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: **$1,261.50** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | TNOW | | ISIN | LU0533033741 | | Category | Technology | | Type | ETF | | Provider | Amundi | | Tracks | MSCI World Index / Information Technology -SEC | | Income | Accumulating | | Ongoing charge | 0.30% a year (£30 per £10,000) | | Fund size | £243m | | Launched | 2010 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2011 | ## 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 | +12.05% | +8.08% | income reinvested | | 3 years | +84.71% | +66.88% | income reinvested | | 5 years | +106.56% | +61.23% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Amundi MSCI World Information Technology UCITS ETF USD ACC in pounds (price, with income reinvested in the fund): 2022 −23.5%, 2023 +45.9%, 2024 +36.6%, 2025 +12.7%; 2026 to 13/11/2026 +14.2%. Returns of Amundi MSCI World Information Technology UCITS ETF USD ACC in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +30.2%; to 30/09/2025: +29.4%; to 30/09/2024: +34.8%; to 30/09/2023: +20.5%; to 30/09/2022: −6.3%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -23.5% | -30.0% | Price | | 2023 | +45.9% | +40.1% | Price | | 2024 | +36.6% | +31.9% | Price | | 2025 | +12.7% | +8.8% | Price | | 2026 to 13/11/2026 | +14.2% | +10.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 22.65% | -16.21% | | 3 years | 22.41% | -26.41% | | 5 years | 21.84% | -26.41% | ## Largest fall Volatility of Amundi MSCI World Information Technology UCITS ETF USD ACC in pounds, annualised from weekly returns to 13/11/2026: 22.6% over 1 year, 22.4% over 3 years, 21.8% over 5 years. Largest fall in the price of Amundi MSCI World Information Technology UCITS ETF USD ACC since November 2021, in pounds: −26.4% from 24/01/2025 to 04/04/2025. The lowest 12-month return of Amundi MSCI World Information Technology UCITS ETF USD ACC in pounds (price, with income reinvested in the fund) since January 2021 was −23.5% (12 months to 30/12/2022); the highest was +54.4% (12 months to 29/05/2026). On 13/11/2026 the price of Amundi MSCI World Information Technology UCITS ETF USD ACC was 14.5% below its highest weekly close since November 2021 (02/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Amundi MSCI World Information Technology UCITS ETF USD ACC 0.30% a year. Compared on 14/11/2026, 103 of the 119 other technology funds charge more, 2 the same and 14 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.30%** 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 TNOW 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 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 7.65% | | 2 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 5.79% | | 3 | Home Depot | [HD](https://fundology.uk/stock/HD) | 5.34% | | 4 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 5.31% | | 5 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 4.73% | | 6 | Micron Technology | [MU](https://fundology.uk/stock/MU) | 4.53% | | 7 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 4.05% | | 8 | Amgen | [AMGN](https://fundology.uk/stock/AMGN) | 3.44% | | 9 | Texas Instruments | [TXN](https://fundology.uk/stock/TXN) | 3.22% | | 10 | AT&T | [T](https://fundology.uk/stock/T) | 3.20% | The 59 holdings on record (of 60 reported): https://fundology.uk/fund/tnow/holdings ## Questions people ask **What is the ongoing charge of TNOW?** The ongoing charge of TNOW is 0.30% a year — about £30 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 World Information Technology UCITS ETF USD ACC 0.30% a year. Compared on 14/11/2026, 103 of the 119 other technology funds charge more, 2 the same and 14 less (share classes counted once). **What does TNOW track?** TNOW tracks the MSCI World Index / Information Technology -SEC — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US. **Is TNOW accumulating or distributing?** TNOW 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 TNOW?** The ISIN of TNOW is LU0533033741. An ISIN identifies one exact share class of a fund; TNOW is its ticker on the London Stock Exchange. **What does TNOW hold?** TNOW 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 TNOW’s returns in each of the last five years?** Calendar-year returns of TNOW in pounds (price, with income reinvested in the fund): 2022 −23.5%, 2023 +45.9%, 2024 +36.6%, 2025 +12.7%; 2026 to 13/11/2026 +14.2%. Past performance is not a guide to future returns. **How has TNOW done after inflation?** Over the five years to 13/11/2026 TNOW’s total return was +106.6%, or +61.2% 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-world-information-technology-ucits-etf-usd-acc/lu0533033741) - 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.