Amundi has expanded its ETF presence on Xetra with three new listings providing exposure to US equities. The new listings – a mix of smart beta and traditional beta products – bring the total number of Amundi ETFs listed on the Deutsche Börse platform to 97.
The new Amundi listings on Xetra provide traditional and smart beta exposure to the US equity market.
S&P 500
The Paris-based firm has introduced an accumulating share class for its Amundi Index S&P 500 UCITS ETF linked to the bellwether blue-chip US index.
The new accumulating share class, which trades in euros under the ticker F500 GR, complements the existing distributing class and enables investors to reinvest, or capitalize, dividend income generating within the portfolio.
The accumulating share class is already offered on Euronext Paris (S500 FP), Euronext Amsterdam (U500 NA), and Borsa Italiana (S500 IM).
It has a total expense ratio (TER) of 0.15%.
Multifactor
The second of the three new listings is the Amundi USA Equity Multi Smart Allocation Scientific Beta UCITS ETF, which has been rolled out on the exchange with the ticker SMTU GR. The ETF, which is already listed on Euronext Paris (SMTU FP) and Borsa Italiana (SMTU IM), provides exposure to large and medium-sized companies that have been selected according to four factors: valuation, size, momentum and volatility.
Its underlying index is the Scientific Beta United States Multi-Beta Multi-Strategy Four-Factor ERC Index which represents an amalgamation of four sub-indices, each targeting one of the four factors.
The fund has a TER of 0.33% and is accumulating.
Low volatility
Finally, the asset manager has introduced its Amundi MSCI USA Minimum Volatility Factor UCITS ETF onto the exchange. The ETF, which is linked to the MSCI USA Minimum Volatility Index, provides exposure to large and medium-sized equities while targeting lower overall portfolio volatility with comparable exposure.
The fund trades in euros on Xetra under the ticker MIVU GR. Further listings of the fund are available on Euronext Paris (MIVU FP) and Euronext Amsterdam (MIVU NA).
Its TER is 0.18%. Income is accumulated.