Chinese companies (broad)
A bet on Chinese companies: Tencent, Alibaba, Meituan, BYD and others. Includes Chinese firms listed in Hong Kong, New York, and mainland China all together. Volatile and heavily influenced by Beijing's policy decisions.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- One-stop fund for the whole Chinese stock market
- Includes tech giants like Tencent, Alibaba and BYD
- Can rally hard when Beijing eases policy
- Policy crackdowns can wipe out 50%+ in a year
- Geopolitical risk: US-China tensions, Taiwan, sanctions
- Accounting and governance concerns at some firms
About this fund
Tracks the MSCI China index, covering Chinese companies listed in Hong Kong, the US (ADRs), and mainland China (A-shares via Stock Connect). Higher concentration risk than EIMI.
Available on Interactive Brokers
Low-cost access to Chinese companies (broad) and 10,000+ funds worldwide.
Frequently asked questions
Is LCCN.L accumulating or distributing?
Amundi MSCI China UCITS ETF (LCCN.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 LCCN.L?
LCCN.L has a total expense ratio (TER) of 0.40% per year. On a $10,000 holding that is roughly $40 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 LCCN.L on Interactive Brokers?
Yes. LCCN.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 LCCN.L invest in?
Amundi MSCI China UCITS ETF (LCCN.L) tracks the MSCI China. A bet on Chinese companies: Tencent, Alibaba, Meituan, BYD and others. You buy one fund and get the whole basket in a single trade.
Is LCCN.L a UCITS ETF, and where is it domiciled?
Yes, LCCN.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 LCCN.L?
On the TickerCompare 1 to 5 scale, LCCN.L is rated higher risk (5/5), 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.