Emerging markets without China
Like the emerging-markets fund above, but with China and Hong Kong stripped out. Useful if you want exposure to growing economies but feel uneasy about Chinese political risk. India and Taiwan become much bigger pieces of the pie as a result.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Sidesteps China risk while keeping emerging-market growth
- India and Taiwan get larger weights: both growing fast
- Cheap for an EM fund at 0.18%/year
- Missing China = missing the second-largest economy
- Still volatile: Brazil, Saudi, Mexico add their own swings
- Smaller fund, slightly less liquid than EIMI
About this fund
Useful for investors who want EM growth exposure but prefer to manage China risk separately (or skip it entirely). India and Taiwan become much larger weights without China in the mix.
Available on Interactive Brokers
Low-cost access to Emerging markets without China and 10,000+ funds worldwide.
Frequently asked questions
Is EMXC.L accumulating or distributing?
Amundi MSCI Emerging Markets ex China UCITS ETF (EMXC.L) is an accumulating ETF, so its dividends are reinvested automatically inside the fund instead of paid out as cash. The value compounds in the share price, which keeps things simple since the dividends are reinvested for you instead of arriving as cash you would otherwise have to reinvest yourself.
What is the annual fee (TER) for EMXC.L?
EMXC.L has a total expense ratio (TER) of 0.18% per year. On a $10,000 holding that is roughly $18 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.
Can I buy EMXC.L on Interactive Brokers?
Yes. EMXC.L trades on LSE, USD and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.
What does EMXC.L invest in?
Amundi MSCI Emerging Markets ex China UCITS ETF (EMXC.L) tracks the MSCI EM ex China. Like the emerging-markets fund above, but with China and Hong Kong stripped out. You buy one fund and get the whole basket in a single trade.
Is EMXC.L a UCITS ETF, and where is it domiciled?
Yes, EMXC.L is a UCITS ETF domiciled in Luxembourg. For non-US investors, EU-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.
How risky is EMXC.L?
On the TickerCompare 1 to 5 scale, EMXC.L is rated higher risk (4/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.