Invesco cuts WPEA TER to 0.19% — what it means for PEA investors
WPEA becomes the cheapest PEA-eligible World ETF on the French market. We calculate the 20-year impact.
QFQuentin Fossé·Founder & Editor in ChiefWhat changes concretely
Invesco announced on March 10, 2026 a reduction in the TER of its WPEA ETF (Invesco MSCI World UCITS ETF Acc, PEA-eligible) to 0.19%, confirming the lowest level ever reached for a PEA-eligible MSCI World ETF on the French market. The reduction takes effect on April 1, 2026 and applies automatically without any action required from unit holders.
WPEA thus becomes cheaper than Amundi's CW8 (0.38%) and BNP Paribas's EWLD (0.25%), establishing itself as the most competitive option in terms of published TER among PEA-eligible World ETFs.
20-year impact: the numbers
- WPEA at 0.19%: estimated final capital of €109,200
- CW8 at 0.38%: estimated final capital of €106,900
- Difference in favor of WPEA: approximately €2,300 over 20 years
Should you switch from CW8 to WPEA?
In a PEA, selling CW8 to buy WPEA triggers no taxation — capital gains remain sheltered. However, the sale generates brokerage fees and a spread. If you are in an accumulation phase with regular contributions, the simplest transition is to direct future contributions to WPEA while keeping existing CW8 shares.