Australia's biggest companies
This fund holds the largest companies listed in Australia, dominated by big banks and mining groups. It is an easy way to add Australian exposure that global funds usually carry only in small amounts. Dividends are reinvested for you.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Simple access to Australia's largest firms
- Adds mining and bank exposure for diversity
- Accumulating, fully physically backed
- Concentrated in banks and miners
- Single country, so less diversified
- One of the pricier single-country funds
About this fund
The iShares MSCI Australia UCITS ETF tracks the MSCI Australia index by full physical replication, holding large and mid-cap Australian equities with heavy weights in financials and materials (mining). It accumulates dividends and is domiciled in Ireland. The USD line trades on the London Stock Exchange.
Available on Interactive Brokers
Low-cost access to Australia's biggest companies and 10,000+ funds worldwide.
Frequently asked questions
Is IAUS.L accumulating or distributing?
iShares MSCI Australia UCITS ETF USD (Acc) (IAUS.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 IAUS.L?
IAUS.L has a total expense ratio (TER) of 0.50% per year. On a $10,000 holding that is roughly $50 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 IAUS.L on Interactive Brokers?
Yes. IAUS.L trades on London Stock Exchange, 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 IAUS.L invest in?
iShares MSCI Australia UCITS ETF USD (Acc) (IAUS.L) tracks the MSCI Australia. This fund holds the largest companies listed in Australia, dominated by big banks and mining groups. You buy one fund and get the whole basket in a single trade.
Is IAUS.L a UCITS ETF, and where is it domiciled?
Yes, IAUS.L is a UCITS ETF domiciled in Ireland. For non-US investors, Irish-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 IAUS.L?
On the TickerCompare 1 to 5 scale, IAUS.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.