# BNP Paribas Easy MSCI USA Small Cap Min Te UCITS ETF AccumUSD (UMGB)

**Source:** https://fundology.uk/fund/umgb · ISIN IE000ZME9TM4 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## 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 30/09/2026, UMGB (BNP Paribas Easy MSCI USA Small Cap Min Te UCITS ETF AccumUSD, ISIN IE000ZME9TM4) closed at £9.90 on the London Stock Exchange. Its ongoing charge is 0.31% a year (about £31 on £10,000). Over the year to 30/09/2026 its total return was +17.8%, or +14.1% after UK CPIH inflation.

## Summary

BNP Paribas Easy MSCI USA Small Cap Min Te UCITS ETF AccumUSD is an exchange-traded fund (ETF) from BNP Paribas, launched in 2025. It tracks the MSCI USA Small Cap Select Filtered Min TE Index - 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 0.31% a year — about £31 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: **£9.90** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | UMGB |
| ISIN | IE000ZME9TM4 |
| Category | Smaller companies |
| Type | ETF |
| Provider | BNP Paribas |
| Tracks | MSCI USA Small Cap Select Filtered Min TE Index - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.31% a year (£31 per £10,000) |
| Fund size | £26.6m |
| Launched | 2025 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +17.76% | +14.07% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of BNP Paribas Easy MSCI USA Small Cap Min Te UCITS ETF AccumUSD 0.31% a year, as of 01/10/2026: 18 of the 32 other smaller-company funds charge more, 0 the same and 14 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.31%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 28/09/2026):

| Holding | Weight |
|---|---|
| Moderna | 1.04% |
| US Foods | 0.36% |
| Guardant Health | 0.35% |
| Viatris | 0.35% |
| Tenet Healthcare | 0.34% |
| Royal Gold | 0.33% |
| HF Sinclair | 0.31% |
| Woodward | 0.31% |
| Assurant | 0.30% |
| Itt | 0.30% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

### By country

Added up from the holdings BNP Paribas publishes, as of 28/09/2026.

| Country | Weight |
|---|---|
| United States | 93.7% |
| Bermuda | 1.7% |
| Ireland | 1.2% |
| Canada | 0.4% |
| Netherlands | 0.4% |
| United Kingdom | 0.3% |
| Cayman Islands | 0.3% |
| Jersey | 0.2% |
| Other countries | 0.5% |
| Not classified | 0.9% |

All 1,428 holdings: https://fundology.uk/fund/umgb/holdings

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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.