Lyxor Core MSCI World (DR) UCITS ETF (LCWD.L), now operated under Amundi ETF following the 2021 acquisition of Lyxor Asset Management by Amundi, provides investors with physical replication of the MSCI World Net Total Return index, which tracks large- and mid-cap stocks across 23 developed markets worldwide. The ETF offers accumulating share classes in USD with a low total expense ratio of 0.12% p.a., listing on multiple exchanges including London Stock Exchange (LCWD.L), Euronext Paris (LCWD.PA), Borsa Italiana (LCWD.MI), and Xetra (LCUW.DE); it features full replication through direct holdings in index constituents, currency unhedged exposure, and no sustainability mandate. Domiciled in Luxembourg with ISIN LU1781541179, the fund launched on February 28, 2018, and manages approximately EUR 6.6 billion in assets as of recent reports.
Headquartered in Paris at 91-93 Boulevard Pasteur, the ETF operates under Amundi Asset Management, a subsidiary of Credit Agricole, which integrated Lyxor's ETF platform post-acquisition from Societe Generale for €825 million on December 31, 2021, enhancing its position as Europe's largest ETF provider with over €170 billion in combined UCITS ETF assets. Lyxor Asset Management, founded in 1998 as a Societe Generale subsidiary and a pioneer in European ETFs since 2001, now functions within Amundi's broader offerings spanning ETFs, index solutions, and smart beta strategies targeting institutional and retail investors globally.
Recent major developments include Amundi's ongoing rebranding of nearly 40 Lyxor ETFs, such as transitioning names like Lyxor Core MSCI World to Amundi MSCI World V UCITS ETF Acc while maintaining the LCWD ticker and ISIN, as part of post-acquisition streamlining that merged overlapping products like the Lyxor MSCI World UCITS ETF into Amundi equivalents. This integration, fully effective by early 2022, expanded Amundi's equity ETF range and operational efficiency across Europe, with no reported new product launches or funding rounds specific to LCWD.L in 2024-2025 but continued growth in assets under management amid strong MSCI World performance. The ETF serves professional investors seeking diversified exposure to developed market equities, with geographic focus on the United States (over 70% weighting), Europe, Japan, and other developed regions.