Amundi MSCI USA ESG Leaders Extra UCITS ETF DR - USD
ETF
ISIN IE000VML2GZ3 / Valor 12114564
NAV (2024-12-31)
USD 16.82-0.61%
Amundi MSCI USA ESG Leaders Extra UCITS ETF DR - USD
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General Objective
The objective of this Sub-Fund is to track the performance of MSCI USA Select ESG Rating & Trend Leaders Index and minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index.
Fund Exposure
The exposure to the Index will be achieved through Direct Replication, mainly by making direct investments in transferable securities and/or other eligible assets representing the Index constituents in a proportion extremely close to their proportion in the Index. The Index targets 75% of the free-float market capitalization of each industry group within the Parent Index, using the S&P Dow Jones Indices ESG Score as the defining characteristic.
Risks
The risk level of this Sub-Fund mainly reflects the market risk arising from investments in US equities. Important risks include liquidity risk, counterparty risk, operational risk, and capital risk linked to the dividend distribution policy. Historical data may not be a reliable indication for the future, and the lowest risk category does not mean 'risk-free'.