AMUNDI PRIME ALL COUNTRY WLD GBP HEDGED

Issuer: Amundi ETF

Asset Class: Equity

TER: 5bps

Trading Currency: GBP

Pays Income: False

Listing Date: 14 Aug 2025

Ticker: WEHG

ISIN: IE000KTD59H4

This fund offers a comprehensive and cost-effective solution for gaining exposure to the global equity market. It is designed to replicate the performance of the Solactive GBS Global Markets Large & Mid Cap Index, which encompasses a wide array of companies from both developed and emerging economies. By investing in thousands of stocks across various countries and sectors, the fund provides significant diversification, making it an ideal core component for a long-term portfolio. Its passive management strategy, employing physical replication, means it directly holds the underlying securities of the index, ensuring transparency and a low total expense ratio.

A standout feature of this specific share class is its currency-hedging strategy. It is engineered to neutralize the impact of exchange rate fluctuations between the U.S. dollar and the British pound. This is particularly advantageous for UK-based investors, as it helps to isolate the portfolio's returns to the performance of the underlying global equities, thereby reducing the volatility that can arise from currency movements. This makes the investment more predictable for those whose primary currency is pounds sterling.

As an accumulating fund, any dividends distributed by the constituent companies are automatically reinvested. This process harnesses the power of compounding to potentially enhance long-term capital growth and is often more tax-efficient for investors not seeking immediate income. Given its broad diversification, low cost, and currency-hedged nature, this product serves as an excellent foundational building block for investors looking to establish a solid, globally diversified equity position while mitigating foreign exchange risk.