Amundi STOXX Europe 600 Consumer Staples UCITS ETF Dist
ETF
ISIN LU2082997359 / Valor null
NAV (2024-12-23)
EUR 121.70-0.23%
Amundi STOXX Europe 600 Consumer Staples UCITS ETF Dist
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General Objective
The Fund is an index-tracking UCITS passively managed with the objective of tracking the performance of the STOXX® Europe 600 Food & Beverage Net Total Return index denominated in Euros. The Fund aims to replicate the performance of large companies in the food and beverage sector in European countries while minimizing the Tracking Error.
Fund Exposure
The Fund achieves its objective through indirect replication by entering into an over-the-counter swap contract (FDI) and investing in a diversified portfolio of international equities. A minimum of 75% of the Fund assets are invested in diversified equities issued in the European Union. The Fund's performance is exchanged against the Benchmark Index via the FDI.
Risks
Investors should be aware of the risks associated with investing in the Fund, including market risk, tracking error risk, counterparty risk related to the FDI, as well as risks associated with investing in international equities. Additionally, fluctuations in currency exchange rates may impact the Fund's performance. It is important for investors to carefully consider these risks before investing in the Fund.