ETFWorld.co.uk

Amundi: Change of the fund management methodology of 2 equity ETFs

Switch into a direct replication.


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The fund management methodology will change from 13 October 2016 for the funds AMUNDI ETF MSCI EMU UCITS ETF and AMUNDI ETF EURO STOXX 50 UCITS ETF.

The management method applied from 13 October 2016 is “index-tracking” management using the “direct replication” method, under which the fund portfolio will be invested in financial securities in proportions very similar to those of the products’ respective indices: MSCI EMU for AMUNDI ETF MSCI EMU UCITS ETF and EURO STOXX 50 for AMUNDI ETF EURO STOXX 50 UCITS ETF.

These changes will be accompanied by a change in the funds’ names: AMUNDI ETF MSCI EMU UCITS ETF will become AMUNDI ETF MSCI EMU UCITS ETF DR and AMUNDI ETF EURO STOXX 50 UCITS ETF will become AMUNDI ETF EURO STOXX 50 UCITS ETF DR.

Source: ETFWorld.co.uk

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