What is Vanguard Emerging Markets Stock Index Fund EUR Acc?

Vanguard Emerging Markets Stock Index Fund EUR Acc is an index product from Vanguard that tracks the MSCI Emerging Markets index. It is domiciled in Ireland and complies with UCITS rules, so it can be sold to retail investors across the EU.

What does Vanguard Emerging Markets Stock Index Fund EUR Acc cost?

Vanguard Emerging Markets Stock Index Fund EUR Acc has a TER of 0.23% a year, taken daily from the fund's value. With €10,000 invested that is about €23 a year. Your broker or bank may add dealing or custody fees.

Can Vanguard Emerging Markets Stock Index Fund EUR Acc be switched without paying tax?

Yes, in Spain. It is a mutual fund, so you can switch it into another fund without tax (art. 94 of the Spanish income tax law), provided the transfer goes directly between institutions and the money never reaches your account.

Does Vanguard Emerging Markets Stock Index Fund EUR Acc pay dividends?

No. It is accumulating: dividends are reinvested inside the fund and you pay no tax on them until you sell.

Emerging markets · Switchable fund

Vanguard Emerging Markets Stock Index Fund EUR Acc

ISIN IE0031786696

Vanguard Emerging Markets Stock Index Fund EUR Acc is an index mutual fund from Vanguard that tracks the MSCI Emerging Markets index. Its ongoing charges are 0.23% a year (about €23 for every €10,000), it is accumulating, domiciled in Ireland and, being a mutual fund, it can be switched tax-free in Spain.

TER (ongoing charges): 0.23%
Type: Switchable fund
Dividends: Accumulating
Approximate fund size: €19.1B

What does it cost?

A 0.23% TER costs about €23 a year for every €10,000 invested. It sounds small, but it compounds: in a plan of €10,000 up front plus €200 a month for 30 years at 7% a year before costs, it trims the final pot by about €16,171 compared with a fund that charged nothing.

Project your investment in Vanguard Emerging Markets Stock Index Fund EUR Acc with the calculator →

Tax in Spain

As a mutual fund, you can switch your money from Vanguard Emerging Markets Stock Index Fund EUR Acc to another fund without paying tax: the gain is deferred until you finally sell. When you sell, the gain is taxed in the savings band of Spanish income tax (19% to 30%).

Work out the tax on a sale and compare fund versus ETF →

Key facts

ISIN: IE0031786696
Provider: Vanguard
Index: MSCI Emerging Markets
Type: Switchable fund
TER (ongoing charges): 0.23%
Dividends: Accumulating
Domicile: Ireland
Currency hedged: No
Launch date: February 27, 2014
Approximate fund size: €19.1B
Tax-free switch (Spain): Yes

Alternatives in Emerging markets

EIMIMSCI Emerging Markets IMI0.18%

Comparisons

Vanguard Emerging Markets Stock Index Fund EUR Acc vs EIMI

US equivalent: EEM, VWO. US-domiciled ETFs are not available to EU retail investors (PRIIPs rules).

Frequently Asked Questions

Figures checked on September 30, 2026 against justETF and Finect/Morningstar. Always confirm them in the provider's key information document (KID) before investing.