Invesco MSCI ACWI Islamic M-Series UCITS ETF Acc

Issuer: Invesco

Asset Class: Equity

TER: 35

Trading Currency: GBX

Pays Income: False

Listing Date: 19 Feb 2026

Ticker: MWIX

ISIN: IE000LFC57H7

This investment product offers exposure to the global equity market while adhering strictly to Sharia principles. It aims to replicate the performance of the MSCI ACWI Islamic M-Series 10/40 Index, which comprises large and mid-cap companies across both developed and emerging market countries. The underlying index employs a rigorous screening process to exclude businesses involved in activities that are non-permissible under Islamic law, such as alcohol, tobacco, gambling, pork-related products, and conventional financial services like banking and insurance. By using a physical replication strategy, the fund holds the actual stocks of the index constituents, providing direct ownership. As an accumulating share class, any dividends paid by the underlying companies are automatically reinvested back into the fund, fostering long-term capital growth through compounding.

The Sharia-compliant screening process inherently shapes the fund's portfolio, resulting in distinct sector and geographic allocations compared to conventional global benchmarks. Typically, such strategies feature a significantly lower exposure to the financials sector and may have higher weightings in technology, healthcare, and energy. This provides investors with a diversified portfolio that not only participates in global economic growth but also aligns with their ethical and religious values. The fund serves as a core building block for investors seeking a broad, values-based equity allocation without the complexity of performing individual company analysis and screening.

This product is specifically designed for investors who wish to construct a globally diversified portfolio that complies with Islamic investment guidelines. It is an ideal solution for those looking for a comprehensive, single-investment vehicle to gain exposure to Sharia-compliant equities from around the world. The accumulating structure makes it particularly suitable for individuals with a long-term investment horizon who are focused on wealth accumulation rather than generating a regular income stream. It offers a transparent and cost-effective method for achieving a values-aligned investment strategy that is diversified across numerous countries and industries.