Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc Shs Capitalisation (LCAS.L) is an exchange-traded fund that seeks to replicate the performance of the MSCI Emerging Markets Asia ESG Broad Transition Index before fees and expenses. The ETF provides exposure to large- and mid-cap companies in emerging Asian markets, including China, India, Taiwan, South Korea, and select Southeast Asian countries, with a focus on environmental, social, and governance (ESG) criteria integrated through a transition framework that emphasizes climate-related metrics alongside traditional financial factors; it employs a full physical replication strategy, holding all index constituents in their respective weights. Launched in 2023 and domiciled in Ireland with primary listing on the London Stock Exchange, the fund targets institutional and retail investors seeking sustainable emerging market equity exposure in Asia.
The ETF's core offerings include accumulating share class (Acc) for reinvested dividends, daily liquidity via exchange trading, and compliance with UCITS regulations for investor protection; it features low total expense ratio targeting cost efficiency and screens for ESG leaders while reducing exposure to high-emission sectors. Amundi Asset Management SAS serves as the fund manager, leveraging its expertise in index-tracking products and sustainable investment strategies across Europe and Asia-Pacific regions. The fund operates without direct subsidiaries but forms part of Amundi's broader suite of over 100 ESG-themed ETFs.
In recent developments, Amundi expanded its ESG transition-focused product lineup in 2024 with enhancements to index methodologies amid growing demand for climate-aligned investments; the ETF benefited from increased inflows following MSCI's index rebalances in mid-2025, reflecting stronger adoption in European sustainable portfolios. No major acquisitions or name changes occurred, but Amundi announced strategic partnerships with regional ESG data providers to refine Asia-specific transition scores as of late 2025.