Amundi Core MSCI Emerging Markets AE-C LU0996177134

Amundi Core MSCI Emerging Markets AE-C is an index fund managed by Amundi, classified by Morningstar as Global Emerging Markets Equity and domiciled in Luxembourg. It was launched on 9 April 2014 and manages 8.22bn GBP. Its ongoing charge is 0.45% a year. It accumulates its income (no dividends paid out).

It belongs to the emerging-market family. Emerging-market indices group companies from developing economies: China, India, Taiwan, Korea, Brazil or Mexico, among others. They're usually held alongside a global developed-markets fund rather than instead of one.

Stated objective, as published by Financial Times:

The fund seeks to track the performance of MSCI Emerging Markets Index (the "Index"), and to minimize the tracking error between the net asset value of the sub-fund and the performance of the Index.

Financial Times

Check whether the product carries IMI in its name: that variant also includes small-cap companies, so it covers considerably more firms than the standard version. They aren't the same thing, however similar the names look.

Comparing only the index funds in this family that publish their ongoing charge (7), the cheapest charges 0.16% and the most expensive 0.59%. Amundi Core MSCI Emerging Markets AE-C sits at 0.45%.

These are the other products of the same family in the catalogue. Not all of them track exactly the same index: compare the full name, the TER, the currency, whether they accumulate or distribute and where they are listed.

Product	ISIN / Ticker	Type	Market	Currency	Dividends	Ongoing charge (TER)
iShares Core MSCI EM IMI UCITS ETF USD (Acc)	EIMI.L	ETF	London SE	USD	Accumulating	0.18%
iShares MSCI EM UCITS ETF USD (Acc)	IEMA.L	ETF	London SE	USD	Accumulating	0.18%
Amundi MSCI Emerging Markets UCITS ETF (Acc)	MXFP.PA	ETF	Euronext Paris	EUR	Accumulating	0.20%
iShares Core MSCI EM IMI UCITS ETF (Acc)	EMIM.L	ETF	London SE	USD	Accumulating	0.18%
Vanguard FTSE Emerging Markets ETF	VWO	ETF	NYSE Arca	USD	n/a	n/a
iShares Core MSCI Emerging Markets ETF	IEMG	ETF	NYSE Arca	USD	n/a	n/a
Vanguard Emerging Markets Stock Index Fund Investor EUR Acc	IE0031786142	Index fund	Fund (not listed)	EUR	Accumulating	0.23%
Fidelity MSCI Emerging Markets Index Fund P-ACC-EUR	IE00BYX5M476	Index fund	Fund (not listed)	EUR	Accumulating	0.20%
iShares Emerging Markets Index Fund (IE) D Acc EUR	IE00BYWYCC39	Index fund	Fund (not listed)	EUR	Accumulating	0.20%
Pictet-Emerging Markets Index P EUR	LU0474967998	Index fund	Fund (not listed)	EUR	Accumulating	0.59%
Vanguard Emerging Markets Stock Index Fund Institutional Plus EUR Acc	IE00BFPM9J74	Index fund	Fund (not listed)	EUR	Accumulating	0.16%
iShares Emerging Markets Index Fund (IE) S Acc EUR	IE000QAZP7L2	Index fund	Fund (not listed)	EUR	Accumulating	0.16%

Emerging markets ETFs and index funds

• Open Neto and go to Investments (a Neto PRO feature).
• Search for the product by ISIN (funds) or by ticker (ETFs).
• Enter your units and your average purchase price.
• The app updates the price and recalculates your net worth on its own.

Everything you add feeds the same number you see on the main screen, so you don't keep one app for spending and another for investments: it's the same picture.

What ongoing charge (TER) does Amundi Core MSCI Emerging Markets AE-C have?

According to the Financial Times, 0.45% a year. It is what the product deducts from its own value for running it; you don't pay it separately and it is already reflected in the price you see in Neto.

Does Amundi Core MSCI Emerging Markets AE-C accumulate or distribute dividends?

It accumulates: dividends received are reinvested inside the product instead of being paid out. In Neto you see that as a price increase, not as income.

How is Amundi Core MSCI Emerging Markets AE-C identified?

By its ISIN, LU0996177134. Funds are not exchange-listed: they have a daily net asset value published by the manager. In Neto you add it by that ISIN and the price updates on its own.

Can I track Amundi Core MSCI Emerging Markets AE-C in Neto?

Yes. Add it by its ISIN, enter your units and average price, and the app keeps the value up to date and adds it to your net worth, next to your accounts, savings and debts. No broker connection.