The 6 Best Global Large-Cap Equity Funds to Buy

Global stock markets have delivered strong gains over the past year, rewarding investors who have looked beyond their home market. For those seeking broad exposure to equities around the world, picking the right fund can make a meaningful difference to long-term returns.

What Are Global Large-Cap Blend Equity Funds?

Global large-cap blend portfolios invest in large-blend equities worldwide, allocating at least 20% to North America and 15% to Greater Europe. Large-cap equities are those in the top 70% of market capitalization within Morningstar’s seven style zones (Europe, US, Canada, Latin America, Japan, Asia ex-Japan, and Australia/New Zealand). Funds are classified as blend when neither growth nor value characteristics dominate. At least 75% of total assets are held in equities.

The 6 Best Global Large-Cap Equity Funds to Buy in 2026

To find the best global large-cap blend funds to buy, we screened for the lowest-cost primary share classes earning a

of Gold with 100% analyst coverage. All the funds on the list fall into the global large-cap blend and have at least £4000 million in assets. All data is as of Aug. 13.

1. HSBC Index Tracker Investment Funds - FTSE All-World Index Fund
2. Fidelity Index World Fund
3. Amundi Index Solutions - Amundi Index MSCI World
4. Vanguard FTSE Global All Cap Index Fund
5. iShares Developed World Index Fund (IE)
6. Vanguard Global Stock Index Fund

Because the screen was created with the lowest-cost share class for each fund, some may be listed with share classes that are not accessible to individual investors, or they may be aimed at institutional investors and require large minimum investments. The individual investor versions of those funds may carry higher fees, reducing returns to shareholders. Medalist Ratings may differ among the share classes of a fund.

Morningstar expects the highly rated global large-cap blend funds on this list to outperform their peers over a full market cycle. But even though all the funds on our list fall into the same category, they may practice different strategies, and therefore behave differently from each other. Investors need to do some homework to understand exactly what a particular fund invests in before buying.

Here’s a quick look at each of the best global large-cap blend funds. Be sure to review a fund’s complete report for more details.

HSBC Index Tracker Investment Funds - FTSE All-World Index Fund

• Fund Size
  : £7.7 billion
• Morningstar Medalist Rating
  : Gold
• Ongoing Charge: 0.02%

The £7.7 billion fund has gained 24.12% over the past 12 months, while the average fund in its category is up 18.99%. The HSBC fund, which launched in January 2015, has climbed 18.57% over the past three years and gained 11.99% over the past five years.

Read Morningstar’s full report on the HSBC Index Tracker Investment Funds - FTSE All-World Index Fund.

Fidelity Index World Fund

• Fund Size
  : £15.9 billion
• Morningstar Medalist Rating
  : Gold
• Ongoing Charge: 0.12%

The £15.9 billion fund was launched in January 2026.

Read Morningstar’s full report on the Fidelity Index World Fund.

Amundi Index Solutions - Amundi Index MSCI World

• Fund Size
  : £5 billion
• Morningstar Medalist Rating
  : Gold
• Ongoing Charge: 0.10%

The fund’s management earns an Above Average rating from Morningstar. Parent company Amundi earns a rating of Average.

Over the past 12 months, the Amundi fund rose 22.48%, while the average fund in its category rose 18.99%. The fund, which launched in March 2022, has gained 18.39% over the past three years.

Read Morningstar’s full report on the Amundi Index Solutions - Amundi Index MSCI World.

Vanguard FTSE Global All Cap Index Fund

• Fund Size
  : £10.6 billion
• Morningstar Medalist Rating
  : Gold
• Ongoing Charge: 0.12%

The £10.6 billion fund has gained 23.85% over the past 12 months, while the average fund in its category is up 18.99%. The Vanguard fund was launched in June 2024.

Read Morningstar’s full report on the Vanguard FTSE Global All Cap Index Fund.

iShares Developed World Index Fund (IE)

• Fund Size
  : £22.7 billion
• Morningstar Medalist Rating
  : Gold
• Ongoing Charge: 0.01%

The iShares Developed World Index Fund (IE) has been managed by Kieran Doyle since the fund’s inception in May 2010. The fund’s management earns an Above Average rating from Morningstar. Parent company BlackRock earns a rating of Above Average.

The £22.7 billion fund has climbed 21.91% over the past 12 months, outperforming the average fund in its category, which rose 18.99%. The BlackRock fund, which launched in May 2010, has climbed 18.31% over the past three years and gained 12.23% over the past five years.

Read Morningstar’s full report on the iShares Developed World Index Fund (IE).

Vanguard Global Stock Index Fund

• Fund Size
  : £20.5 billion
• Morningstar Medalist Rating
  : Gold
• Ongoing Charge: 0.11%

The £20.5 billion fund has gained 22.53% over the past 12 months, while the average fund in its category is up 18.99%. The Vanguard fund, which launched in December 2017, has climbed 18.40% over the past three years and gained 12.18% over the past five years.

Read Morningstar’s full report on the Vanguard Global Stock Index Fund.