# BNP Paribas Easy MSCI USA Min TE UCITS ETF (UAGB) **Page:** https://fundology.uk/fund/uagb · ISIN LU1291104575 ## 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, UAGB (BNP Paribas Easy MSCI USA Min TE UCITS ETF, ISIN LU1291104575) closed at £26.09 on the London Stock Exchange. Its ongoing charge is 0.17% a year (about £17 on £10,000). Over the five years to 13/11/2026 its total return was +63.5%, or +27.7% after UK CPIH inflation. ## Summary BNP Paribas Easy MSCI USA Min TE UCITS ETF is an exchange-traded fund (ETF) from BNP Paribas, launched in 2016. It tracks the MSCI USA Select Filtered Min TE - EUR - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.17% a year — about £17 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: **£26.09** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | UAGB | | ISIN | LU1291104575 | | Also listed as | ENAM (London Stock Exchange, euros), ENOA (Xetra, euros) | | Category | US shares | | Type | ETF | | Provider | BNP Paribas | | Tracks | MSCI USA Select Filtered Min TE - EUR - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.17% a year (£17 per £10,000) | | Fund size | £1.1bn | | Launched | 2016 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2016 | ## 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 | +10.52% | +6.61% | income reinvested | | 5 years | +63.54% | +27.65% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Charges compared with similar funds Ongoing charge of BNP Paribas Easy MSCI USA Min TE UCITS ETF 0.17% a year. Compared on 14/11/2026, 139 of the 254 other US share funds charge more, 6 the same and 109 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.17%** 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, UAGB holds 437 positions, according to its published holdings. The largest is Apple at 7.93% of the fund; the ten largest make up 36.1%. ### Top holdings Largest positions (as of 11/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 7.93% | | 2 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 6.09% | | 3 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 5.62% | | 4 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 3.90% | | 5 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 2.57% | | 6 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 2.38% | | 7 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 2.10% | | 8 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 2.05% | | 9 | Eli Lilly | [LLY](https://fundology.uk/stock/LLY) | 1.74% | | 10 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 1.69% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By country Added up from the fund’s published holdings, as of 11/11/2026. | Country | Weight | |---|---| | United States | 96.3% | | Ireland | 2.3% | | Switzerland | 0.2% | | United Kingdom | 0.2% | | Bermuda | 0.2% | | Netherlands | 0.1% | | Cayman Islands | 0.1% | | Not classified | 0.3% | All 437 holdings: https://fundology.uk/fund/uagb/holdings ## Questions people ask **What is the ongoing charge of UAGB?** The ongoing charge of UAGB is 0.17% a year — about £17 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 BNP Paribas Easy MSCI USA Min TE UCITS ETF 0.17% a year. Compared on 14/11/2026, 139 of the 254 other US share funds charge more, 6 the same and 109 less (share classes counted once). **What does UAGB track?** UAGB tracks the MSCI USA Select Filtered Min TE - EUR - Benchmark TR Net. **Is UAGB accumulating or distributing?** UAGB 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 UAGB?** The ISIN of UAGB is LU1291104575. An ISIN identifies one exact share class of a fund; UAGB is its ticker on the London Stock Exchange. The same share class is also listed as ENAM (London Stock Exchange, euros) and ENOA (Xetra, euros). **What does UAGB hold?** As of 11/11/2026, UAGB holds 437 positions, according to its published holdings. The largest is Apple at 7.93% of the fund; the ten largest make up 36.1%. Its ten largest holdings are Apple (7.93%), NVIDIA (6.09%), Microsoft (5.62%), Amazon (3.90%), Alphabet · Class A (2.57%), Broadcom (2.38%), Alphabet · Class C (2.10%), Meta Platforms · Class A (2.05%), Eli Lilly (1.74%) and Tesla (1.69%). **How has UAGB done after inflation?** Over the five years to 13/11/2026 UAGB’s total return was +63.5%, or +27.7% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at BNP Paribas Asset Management](https://www.bnpparibas-am.com/en-gb/fundsheet/equity/bnp-paribas-easy-msci-usa-min-te-ucits-etf-c-lu1291104575) - 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.