Fund Summary
This ETF aims to track the S&P Global Luxury Index — 80 of the largest companies involved in the production or distribution of luxury goods and services. Think high-end fashion retailers like Hermes and Louis Vuitton, luxury car manufacturers like Ferrari and Mercedes, and the big names in luxury travel like Royal Caribbean and Hilton. This fund gives globally reaching access to luxury brands in one passive investment.
Avrg. annual returns (27/06/2020 - 27/06/2025)
+
8.24%
Fund
Amundi S&P Global Luxury ETF-C USD Acc
Ticker
LUXU
Category
Thematic
Management charges
0.25
Risk level
7 of 7
Region
Global
Currency
USD
KIID
With investing, your capital is at risk. Past performance is not a reliable guide to current or future performance, and should not be the only thing you consider when selecting a fund.
With investing, your capital is at risk. Past performance is not a reliable guide to current or future performance, and should not be the only thing you consider when selecting a fund. Currency Risk: The value of investments that are not in pound sterling may be affected by changes in exchange rates.
About this fund

The world’s biggest luxury brands

This fund gives investors access to the 80 largest publicly-traded companies involved in the production, distribution or provision of luxury goods and services. These companies are spread globally, all within areas of the consumer goods industry — think luxury fashion, travel, automotive. 

This fund gives investors the option to invest in an innovative thematic through one diversified, passive investment.

Sector exposure

This fund tracks the S&P Global Luxury Index, which includes companies that satisfy the index’s inclusion criteria — an assessment of their status as a luxury goods or services provider, among other inclusion criteria. 

Companies in this fund are limited to the consumer goods sector, in line with the inclusion of only luxury goods and services providers.

Thematic

This is primarily a thematic fund, as it targets a specific investment theme. It does track an index, making it a passively managed fund, but its index is rule-based, rather than tracking a specific section of the market (like the S&P 500).

Thematic investments don’t tend to give broad market exposure on their own, so should form part of a diverse portfolio.

Managed by Amundi

HSBC Asset Management is part of the wider HSBC Group, boasting over 50 years experience and managing $600 billion (2024).

HSBC focuses on bringing investors a low-cost range of investment products, with particular strength in global equity and ESG offerings.

Managed by Amundi

VanEck is a privately-held global investment manager with 70 years experience and $114 billion in assets under management (as of mid-2024). Over the last 19 years, VanEck has pioneered over 100 specialty ETFs across a range of innovative thematic sectors such as gold, semiconductors, emerging markets, gaming and others.

Managed by Amundi

iShares ETFs are managed by BlackRock, the world’s largest asset manager, with over three decades of experience in index investing. The team applies rigorous quantitative research and disciplined risk management to deliver diversified, cost-effective market exposure.

With a strong emphasis on transparency and innovation, iShares products are built to support efficient, long-term investment strategies.

Managed by Amundi

BlackRock is the world’s largest asset manager. Founded in 1988, it provides a wide range of investment products and services to institutions, financial professionals, and individual investors worldwide.

Managed by Amundi

Invesco is a global asset manager with over $1.4 trillion in assets (2024). They offer over 240 ETFs, covering equities, fixed income, commodities and thematics. 

Founded in 1935, Invesco brings 90 years of experience creating reliable, investor-first solutions.

Managed by Amundi

Vanguard has been providing investment solutions to everyday investors since the 1970s. Today, it manages $10 trillion for over 50 million investors worldwide (2024), sticking to a philosophy of low costs, transparency, and long-term thinking.

Managed by Amundi

State Street Investment Management launched its first ETF in 1993, and has been managing client assets for 47 years. As of March 2025, State Street’s Investment Management division holds $4.67 trillion in assets under management, is the third largest ETF provider and fourth largest asset manager in the world.

Managed by Amundi

Established in 1836, Legal & General (L&G) manages over £1 trillion in assets across equities, bonds, real assets, and multi-asset products. Their asset management arm manages over £517 billion across more than 400 index solutions.

Managed by Amundi

WisdomTree is a global asset manager based in New York. With $116 billion under management (as of April 2025), they are a trusted provider of over 260 ETPs (Exchange Traded Products).

Their investment product philosophy seeks to use unique research to provide investors access to traditionally inaccessible asset classes.

Holdings

Companies in the Global Luxury

Compagnie Financière Richemont SA

Swiss-based luxury group owning prestigious brands like Cartier, Van Cleef & Arpels, and Montblanc.

Ferrari N.V.

Iconic Italian manufacturer of luxury sports cars, known for performance and exclusivity.

Hermès International SCA

French luxury goods house renowned for its high-end leather, fashion, and lifestyle accessories.

LVMH Moët Hennessy Louis Vuitton SE

The world’s largest luxury conglomerate, spanning fashion, wines, watches, and cosmetics.

Royal Caribbean Cruises Ltd.

Leading global cruise operator offering upscale travel experiences across multiple brands.

Tesla Inc.

U.S.-based innovator in electric vehicles and clean energy, blending tech and luxury appeal.

Why invest with Chip

Investing with Chip is easy

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Step 1

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Step 3

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Have questions?

Global Luxury FAQ's

Is the Global Luxury fund a good option for beginners?

Thematic ETFs typically come with a higher risk warning, and investors should be aware of the key information on all of their investments, available in the Key Investor Document (KID). 

Thematics are confined to particular themes, so don’t always ensure investment in a diverse spread of assets. This might be something to consider if you’re a beginner, as the volatility of these types of investments can be higher.

Does this ETF pay dividends?

No. This is an accumulating fund, meaning any returns generated are automatically reinvested for you. This reinvestment type is best suited for investors seeking long-term growth on their investment.

Can UK investors buy this ETF?

Yes, the Amundi S&P Global Luxury is available to UK investors, as it’s compliant with EU UCITS regulations.

What is the S&P Global Luxury

The index measures the performance of the 80 largest companies involved in the production, distribution or provision of luxury goods and services. Companies are weighted by the value of their market-available shares.

What is the S&P Global Luxury

The index measures the performance of the 80 largest companies involved in the production, distribution or provision of luxury goods and services. Companies are weighted by the value of their market-available shares.