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Amundi MSCI Ac Far East Ex Japan ESG Selection UCITS ETF USD AccIndex, costs, backtest, listings and taxation

ISIN: LU2439119236Ticker: ACUV (Xetra) · ACUV (Euronext Paris)Issuer: AmundiClass: UCITS ETF USD Acc
Issuer-declared data
Declared index
MSCI Ac Far East ex Japan ESG Selection P-Series 5% Issuer Capped Index
TER
0.25%
Transaction costs
0.20% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Replication
Income policy
SFDR
Article 8 — promotes environmental or social characteristics what does it mean?
Fund assets
4.3 mln EUR
NAV
73.46 USD (1 September 2026)
Domicile
Luxembourg
Inception date
10 March 2022
Data as declared by Amundi in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

Amundi MSCI Ac Far East Ex Japan ESG Selection UCITS ETF USD Acc tracks the issuer-declared index: MSCI Ac Far East ex Japan ESG Selection P-Series 5% Issuer Capped Index. The declared annual cost (TER) is 0.25%, plus 0.20% in transaction costs estimated by the issuer in the KID. Replication is direct physical replication; income is accumulated and reinvested in the fund. The fund has assets of about 4 million euro, was launched on 10 March 2022 and is domiciled in Luxembourg.

The fund’s objective — in the issuer’s words

This Sub-Fund is passively managed. The objective of this Sub-Fund is to track the performance of MSCI Ac Far East ex Japan ESG Selection P-Series 5% Issuer Capped Index (the "Index"), and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index. The anticipated level of the tracking error, under normal market conditions, is indicated in the prospectus of the Sub-Fund. The Index is a Net Total Return Index : dividends net of tax paid by the index constituents are included in the Index return. The Sub-Fund promotes environmental and/or social characteristics through among others, replicating an Index integrating an environmental, social and governance ("ESG") rating. MSCI Ac Far East ex Japan ESG Selection P-Series 5% Issuer Capped Index is an equity index based on the MSCI AC Far East ex Japan Index (the "Parent Index"), representative of the large and mid-cap markets across 2 Developed Markets (excluding Japan) and 7 Emerging Markets countries in the Far East, and issued by companies that have the highest ESG rating in each sector of the Parent Index. Information on how the Index is consistent with environmental, social and governance characteristics is available in the prospectus. The Index methodology is constructed using a "Best-in-class approach": best ranked companies are selected to construct the Index. "Best-in-class" is an approach where leading or best-performing investments are selected within a universe, industry sector or class. It excludes companies falling behind on an ESG level, particularly on the basis of ESG ratings. Using such Best-in-class approach, the Index follows an extra-financial approach significantly engaging that permits the reduction by at least 20% of the initial investment universe (expressed in number of issuers). The ESG key issues include for instance, but are not limited to, water stress, carbon emissions, labor management or business ethics. The limits of the approach adopted are described in the Sub-Fund's prospectus through risk factors such as Sustainable investment risk. The ESG score of companies is calculated by an ESG rating agency, using raw data, models and estimates collected/calculated using methods specific to each provider. Due to the lack of standardisation and the uniqueness of each methodology, the information provided may be incomplete. Assessment of sustainability risks is complex and may be based on ESG data which is difficult to obtain, incomplete, estimated, out of date and/or otherwise materially inaccurate. Even when identified, there can be no guarantee that these data will be correctly assessed. The Index applies exclusions to companies involved in activities considered non-aligned with the Paris Climate Agreement (coal extraction, oil, etc.). For further information on the exclusions applied by the Index pursuant to the EU Paris-aligned Benchmarks (PAB), please refer to the "Guidelines on funds’ names using ESG or sustainability-related terms" section of the Prospectus. More information about the composition of the index and its operating rules are available in the prospectus and at: msci.com The Index value is available via Bloomberg (MXACFENU). The exposure to the Index will be achieved through a direct replication, mainly by making direct investments in transferable securities and/or other eligible assets representing the Index constituents in a proportion extremely close to their proportion in the index. The Investment Manager will be able to use derivatives in order to deal with inflows and outflows and also if it allows a better exposition to an Index constituent. In order to generate additional income to offset its costs, the Sub-Fund may also enter into securities lending operations.

Keep reading the KID section ▾

Intended Retail Investor:This product is intended for investors, with a basic knowledge of and no or limited experience of investing in funds seeking to increase the value of their investment over the recommended holding period with the ability to bear losses up to the amount invested.

Redemption and Dealing:The Sub-Fund's shares are listed and traded on one or more stock exchanges. In normal circumstances, you may deal in shares during the trading hours of the stock exchanges. Only authorised participants (e.g., selected financial institutions) may deal in shares directly with the SubFund on the primary market. Further details are provided in the Amundi Index Solutions prospectus.

Distribution policy:As this is a non-distributing share class, investment income is reinvested. the accumulation share automatically retains, and re-invests, all attributable income within the Sub-Fund; thereby accumulating value in the price of the accumulation shares.

More Information:You may get further information about the Sub-Fund, including the prospectus, and financial reports which are available at and free of charge on request from: Amundi Luxembourg S.A. at 5, allée Scheffer 2520 Luxembourg, Luxembourg.

From the KID’s “Objectives” section · 4 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.25%: above the median of equity ETFs we track (0.22%).
  • Average tracking difference over the last 3 years: -0.09% p.a., against a declared TER of 0.25%.
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · USD · from Mar 2022 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+46.9%
Annualised
+8.9%
Volatility (ann.)
20.5%
Max drawdown
-32.13%
-30%-9%+12%+32%+53%Mar 2022May 2023Jun 2024Jul 2025Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+47%Mar 2022Sept 2026
Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-10%-20%-30%-40%-50%20222023202420252026−32.13% · 31 Oct 2022
Max drawdown
-32.13%
peak → trough
Trough
31 Oct 2022
from the 05 Apr 2022 peak
Recovery time
702 days
recovery only: trough to break-even · ≈ 1 year and 11 months
Underwater
911 days
decline + recovery: peak to break-even · ≈ 2 years and 6 months · → recovered on 02 Oct 2024

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
05 Apr 202231 Oct 2022-32.13%02 Oct 2024911
07 Oct 202409 Apr 2025-16.53%14 May 2025219
28 Jan 202631 Mar 2026-12.38%06 May 202698
02 Jun 202630 Jul 2026-9.99%ongoing98
07 Oct 202521 Nov 2025-7.42%05 Jan 202690

Calendar-year returns

2022
-10.3%
2023
-3.6%
2024
9.3%
2025
33.6%
2026
16.4%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20268.00.9-10.810.88.0-4.2-0.24.8-0.116.4
20251.65.7-1.2-0.35.55.53.01.99.20.1-3.12.133.6
2024-8.65.9-0.02.22.30.5-0.22.913.7-5.4-3.60.99.3
20239.6-8.03.6-3.4-3.72.17.0-7.6-4.0-4.15.21.4-3.6
2022-1.91.3-2.4-4.4-1.2-13.9-9.022.61.8-10.3
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Source: Amundi. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Tracking difference — fund vs index

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER. Tracking difference was positive in 1 of the last 3 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
-0.09% /anno
Declared TER
0.25%
YearFundIndexDifference
2025+33.63%+33.81%-0.18%
2024+9.31%+9.05%+0.26%
2023-3.63%-3.29%-0.34%
Total-return figures from issuer-declared series (primary source); complete calendar years. TD is not comparable across sites using different methodologies or index variants. Past performance is not indicative of future results. What is tracking difference? →

Risk indicators· EUR

Last yearLast 3 yearsFull history
Volatility (ann.)20.52%18.94%19.39%
Max drawdown-9.68%-19.85%-26.39%
Sharpe1.070.710.34
Sortino1.540.990.49
Windows longer than the available price history cannot be computed and are not shown: they will appear on their own as time passes. Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.21%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.

Portfolio holdings

Securities in portfolio
260
Top-10 weight
49.0%

Top 10 holdings

TAIWAN SEMICONDUCTOR MANUFAC · 2330 TT
18.94%
TENCENT HOLDINGS LTD · 700 HK
4.53%
DELTA ELECTRONICS INC · 2308 TT
4.46%
XIAOMI CORP · 1810 HK
3.94%
SAMSUNG ELECTRO MECHANICS · 009150 KP
3.90%
ALIBABA GROUP HOLDING LTD · 9988 HK
3.57%
UNITED MICROELECTRONICS CORP · 2303 TT
3.00%
DBS GROUP HOLDINGS LTD · DBS SP
2.43%
ASIA VITAL COMPONENTS · 3017 TT
2.22%
AIA GROUP LTD · 1299 HK
1.96%

Sectors

Information Technology
45.9%
Financials
18.6%
Consumer Discretionary
10.5%
Communication Services
10.1%
Industrials
7.1%
Health Care
2.7%
Materials
2.2%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgiumBeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanadaSwitzerlandChileChina: 37.7%Ivory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermanyDjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpainEstoniaEthiopiaFinlandFijiFalkland IslandsFranceGabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesia: 0.4%IndiaIrelandIranIraqIcelandIsraelItalyJamaicaJordanJapanKazakhstanKenyaKyrgyzstanCambodiaSouth Korea: 15.1%KosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysia: 1.7%NamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlandsNorwayNepalNew ZealandOmanPakistanPanamaPeruPhilippines: 0.1%Papua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailand: 1.2%TajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwan: 36.1%United Republic of TanzaniaUgandaUkraineUruguayUnited States of AmericaUzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
China37.7%
Taiwan36.1%
South Korea15.1%
Hong Kong4.3%
Singapore3.5%
Malaysia1.7%
Thailand1.2%
Download the full portfolio — Excel, 262 rows
Full portfolio declared by Amundi, as of 31 August 2026: this is the summary. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Italian taxation

Effective rate on capital gains
26.00%
White-list share
0.00%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →

Stock exchange listings

ExchangeTickerTrading since
Börse Düsseldorf19 Apr 2022
Börse Frankfurt12 Apr 2022
Börse Hamburg31 Oct 2022
Börse Hannover9 Dec 2024
Börse München / gettex12 Apr 2022
Börse Stuttgart13 May 2022
Tradegate Exchange27 Sept 2022
Xetra (Deutsche Börse)ACUV12 Apr 2022
+ 16 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does Amundi MSCI Ac Far East Ex Japan ESG Selection UCITS ETF USD Acc track?
The issuer Amundi declares the benchmark: MSCI Ac Far East ex Japan ESG Selection P-Series 5% Issuer Capped Index.
How much does ACUU cost?
The issuer-declared TER is 0.25% per year; the transaction costs estimated in the KID are 0.20%.
How is ACUU taxed in Italy?
On sale, the capital gain is taxed at an effective 26.00% rate (white-list share 0.00%): 12.5% on the government-bond “white list” portion, 26% on the rest.
What is the fund size of ACUU?
The fund size declared by Amundi is about 4 million euro.
When was ACUU launched?
The fund was launched on 10 March 2022: it has 4 years of history.
How does ACUU replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Direct(Physical)”).
Does ACUU pay dividends?
No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Capitalisation”).
Where does ACUU trade?
Per the official ESMA register it trades on 8 main exchanges, including Xetra (Deutsche Börse) (ACUV).
What was ACUU's worst fall?
Over the available history (since 2022), the maximum drawdown was -32.13%, reached in October 2022. Past performance is not indicative of future results.
What is ACUU's tracking difference?
Over the last 3 complete calendar years the fund returned on average -0.09% per year versus its index (from issuer-declared series).
How many securities does ACUU hold?
The declared portfolio holds 260 securities; the top 10 positions weigh 49%.
Transparency note
The data in this sheet is declared by Amundi in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.