Amundi has expanded its global equities offering by launching a Ucits ETF offering a “cost-effective, diversified equity exposure across developed and emerging markets”.
Listed on the electronic trading platform of Deutsche Börse, Xetra, the Amundi Prime All Country World Ucits ETF is available for a management fee of 0.07%.
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Global equity Ucits ETFs have attracted an average of over €30 billion annually in net new assets, with over €11 billion recorded year-to-date, showcasing investor interest in this asset category, highlighted Amundi’s data.
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The fund allows investors to access “the most diversified global equity exposure at ultra-low fees” via an index constructed in partnership with Solactive.
Benoit Sorel, head of Amundi ETF, indexing & smart beta, said: “We aim to be the first partner of choice for ETF investors by continuing to provide the essential building blocks for diversified asset allocation. This new ETF bolsters our global equities range, covering a wide spectrum of products from the lowest-cost ETFs to ESG and climate solutions, catering for every investor type and need.”
