Amundi Index Solutions - Amundi Europe Equity Multi Smart Allocation Scientific Beta UCITS ETF-C header image

Amundi Index Solutions - Amundi Europe Equity Multi Smart Allocation Scientific Beta UCITS ETF-C

ETF

ISIN LU1681039563 / Valor 38785003

NAV (2023-04-27)
EUR 48.57+0.17%

Amundi Index Solutions - Amundi Europe Equity Multi Smart Allocation Scientific Beta UCITS ETF-C
UMushroom community rating:

star star star star star
0.00 0 votes No rating yet
NegativeNeutralPositive

This Sub-Fund is passively managed. The objective of this Sub-Fund is to track the performance of Scientific Beta Extended Developed Europe Multi-Beta Multi-Strategy Four-Factor ERC Index, and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index. The Sub-Fund aims to achieve a level of tracking error of the Sub-Fund and its index that will not normally exceed 1%. The Index is a Net Total Return Index : dividends net of tax paid by the index constituents are included in the Index return. Scientific Beta Extended Developed Europe Multi-Beta Multi-Strategy Four-Factor ERC Index is an equity index made of equities from the universe of mid and large cap markets of developed European market equities (as defined in the index methodology). Its objective is to generate a higher return than the universe of large and mid cap developed European market equities (Global Universe) weighted by market capitalisation. The index applies several security selection filters to this Global Universe and several weighting systems to obtain a composition aiming to achieve this objective. More information about the composition of the index and its operating rules are available in the prospectus and at: scientificbeta.com The Index value is available via Bloomberg (SBRERHMN). The Sub-Fund will apply an Indirect Replication methodology to get exposition to the Index. The Sub-Fund will invest into a total return swap (financial derivative instrument) delivering the performance of the Index against the performance of the assets held. Derivatives are integral to the Sub-Fund's investment strategies. Dividend Policy : the accumulation share automatically retains, and re-invests, all attributable income within the Sub-Fund; thereby accumulating value in the price of the accumulation shares. The minimum recommended holding term is 5 years. The Sub-Fund's shares are listed and traded on one or more stock exchanges. In normal circumstances, you may deal in shares during the trading hours of the stock exchanges, provided that the Market Makers can maintain market liquidity. Only authorised participants (e.g. selected financial institutions) may deal in shares directly with the Sub-Fund on the primary market. Further details are provided in the prospectus of the UCITS

Content summarized by AI chatbot
Tags:

Ratings & reviews

star star star star star

0.00

0 votes
Performance:
starstarstarstarstar
0.00
Innovation:
starstarstarstarstar
0.00
Society:
starstarstarstarstar
0.00
Nature:
starstarstarstarstar
0.00