ETF focuses on European mid- and large-cap companies….
Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free copy
Valérie Baudson, CEO Amundi ETF, Indexing and Smart Beta
A new equity index ETF issued by Amundi has been tradable on Xetra and Börse Frankfurt since Tuesday.
Name: Amundi ETF Europe Equity Multi Smart Allocation Scientific Beta UCITS ETF
Asset class: equity index ETF
Total expense ratio: 0.4 percent
Distribution policy: accumulating
Benchmark: Scientific Beta Extended Developed Europe Multi-Beta Multi-Strategy ERC
The Amundi ETF Europe Equity Multi Smart Allocation Scientific Beta UCITS ETF enables investors to participate for the first time in the multi-strategy approach of the Scientific Beta index family with a focus on European companies.
The reference index tracks the performance of the companies in the four sub-indices of the Scientific index family with the aim of generating a higher return than the indices weighted traditionally by market capitalisation.
Only large and mid-cap companies from industrialised nations and based in Europe are considered for selection, based on the following four risk factors: companies with the lowest market capitalisation, companies with the highest price to book ratio, companies with the highest dividend reinvestment return, and companies with the lowest volatility