# Amundi MSCI Water UCITS ETF Acc (WATC)

**Page:** https://fundology.uk/fund/watc · ISIN FR0014002CH1

## 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, WATC (Amundi MSCI Water UCITS ETF Acc, ISIN FR0014002CH1) closed at $8.24 on the London Stock Exchange. Its ongoing charge is 0.63% a year (about £63 on £10,000). Over the five years to 13/11/2026 its total return was +22.1%, or −4.7% after UK CPIH inflation.

## Summary

Amundi MSCI Water UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, launched in 2021. It tracks the MSCI ACWI IMI Water Filtered Index — large and medium-sized companies across developed and emerging markets. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.63% a year — about £63 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: **$8.24** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | WATC |
| ISIN | FR0014002CH1 |
| Category | Sustainable & clean energy |
| Type | ETF |
| Provider | Amundi |
| Tracks | MSCI ACWI IMI Water Filtered Index |
| Income | Accumulating |
| Ongoing charge | 0.63% a year (£63 per £10,000) |
| Fund size | £56.2m |
| Launched | 2021 |
| Domicile | France |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 23/04/2021 |

## 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 | +5.27% | +1.54% | income reinvested |
| 3 years | +27.53% | +15.22% | income reinvested |
| 5 years | +22.14% | -4.66% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Amundi MSCI Water UCITS ETF Acc in pounds (price, with income reinvested in the fund): 2022 −11.9%, 2023 +16.3%, 2024 +7.4%, 2025 +6.1%; 2026 to 13/11/2026 +7.8%. Returns of Amundi MSCI Water UCITS ETF Acc in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −0.8%; to 30/09/2025: +6.9%; to 30/09/2024: +21.1%; to 30/09/2023: +7.7%; to 30/09/2022: −7.6%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -11.9% | -19.3% | Price |
| 2023 | +16.3% | +11.6% | Price |
| 2024 | +7.4% | +3.8% | Price |
| 2025 | +6.1% | +2.5% | Price |
| 2026 to 13/11/2026 | +7.8% | +4.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 14.32% | -10.07% |
| 3 years | 12.84% | -10.07% |
| 5 years | 14.31% | -23.06% |

## Largest fall

Volatility of Amundi MSCI Water UCITS ETF Acc in pounds, annualised from weekly returns to 13/11/2026: 14.3% over 1 year, 12.8% over 3 years, 14.3% over 5 years. Largest fall in the price of Amundi MSCI Water UCITS ETF Acc since November 2021, in pounds: −22.6% from 19/11/2021 to 17/06/2022. The lowest 12-month return of Amundi MSCI Water UCITS ETF Acc in pounds (price, with income reinvested in the fund) since July 2021 was −12.0% (12 months to 14/10/2022); the highest was +26.2% (12 months to 18/10/2024). On 13/11/2026 the price of Amundi MSCI Water UCITS ETF Acc was 2.3% below its highest weekly close since November 2021 (27/02/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Amundi MSCI Water UCITS ETF Acc 0.63% a year. Compared on 14/11/2026, 13 of the 177 other sustainable and clean-energy funds charge more, 1 the same and 163 less (share classes counted once).

## Funds tracking the same index

2 funds track MSCI ACWI IMI Water Filtered Index, this one included and share classes counted once; their ongoing charges range from 0.63% to 0.63% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi MSCI Water UCITS ETF Acc (this fund) | 0.63% | +5.3% | +27.5% | +22.1% |
| Amundi MSCI Water UCITS ETF Parts Dist | 0.63% | +4.9% | +30.1% | +24.3% |

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

## Charges & eligibility

- Ongoing charges figure (OCF): **0.63%** 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, WATC holds 45 positions, according to its published holdings. The largest is Veralto at 5.32% of the fund; the ten largest make up 44.5%.

### Top holdings

Largest positions (as of 11/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Veralto | [VLTO](https://fundology.uk/stock/VLTO) | 5.32% |
| 2 | American Water Works | [AWK](https://fundology.uk/stock/AWK) | 4.67% |
| 3 | Ferguson Enterprises | [FERG](https://fundology.uk/stock/FERG) | 4.63% |
| 4 | Idex | [IEX](https://fundology.uk/stock/IEX) | 4.53% |
| 5 | Republic Services | [RSG](https://fundology.uk/stock/RSG) | 4.49% |
| 6 | United Utilities Group | [UU.](https://fundology.uk/stock/UU.) | 4.45% |
| 7 | Essential Utilities | [WTRG](https://fundology.uk/stock/WTRG) | 4.26% |
| 8 | GEA Group Aktiengesellschaft | [G1A](https://fundology.uk/stock/G1A) | 4.18% |
| 9 | Severn Trent | [SVT](https://fundology.uk/stock/SVT) | 4.17% |
| 10 | Flowserve | [FLS](https://fundology.uk/stock/FLS) | 3.83% |

## 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 04/11/2026.

| Sector | Weight |
|---|---|
| Industrials | 69.7% |
| Utilities | 28.0% |
| Information Technology | 2.3% |

### By country

As published for the fund, as of 04/11/2026.

| Country | Weight |
|---|---|
| United States | 65.8% |
| United Kingdom | 11.8% |
| Germany | 4.0% |
| Sweden | 3.7% |
| France | 3.7% |
| Brazil | 3.1% |
| Japan | 2.5% |
| Australia | 2.4% |
| Other countries | 2.8% |

The 43 holdings on record (of 45 reported): https://fundology.uk/fund/watc/holdings

## Questions people ask

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

The ongoing charge of WATC is 0.63% a year — about £63 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 Water UCITS ETF Acc 0.63% a year. Compared on 14/11/2026, 13 of the 177 other sustainable and clean-energy funds charge more, 1 the same and 163 less (share classes counted once).

**What does WATC track?**

WATC tracks the MSCI ACWI IMI Water Filtered Index — large and medium-sized companies across developed and emerging markets.

**Is WATC accumulating or distributing?**

WATC 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 WATC?**

The ISIN of WATC is FR0014002CH1. An ISIN identifies one exact share class of a fund; WATC is its ticker on the London Stock Exchange.

**What does WATC hold?**

As of 11/11/2026, WATC holds 45 positions, according to its published holdings. The largest is Veralto at 5.32% of the fund; the ten largest make up 44.5%. Its ten largest holdings are Veralto (5.32%), American Water Works (4.67%), Ferguson Enterprises (4.63%), Idex (4.53%), Republic Services (4.49%), United Utilities Group (4.45%), Essential Utilities (4.26%), GEA Group Aktiengesellschaft (4.18%), Severn Trent (4.17%) and Flowserve (3.83%).

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

Calendar-year returns of WATC in pounds (price, with income reinvested in the fund): 2022 −11.9%, 2023 +16.3%, 2024 +7.4%, 2025 +6.1%; 2026 to 13/11/2026 +7.8%. Past performance is not a guide to future returns.

**How has WATC done after inflation?**

Over the five years to 13/11/2026 WATC’s total return was +22.1%, or −4.7% 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-water-ucits-etf-acc/fr0014002ch1)
- Links checked 12/10/2026.

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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.