Three further exchange-listed index funds issued by Amundi have been tradable on Xetra since Tuesday.
ETF name: Amundi ETF Green Tech Living Planet
Asset class: equity index ETF
ISIN: FR0010949479
Total expense ratio: 0.45 percent
Distribution policy: non-distributing
Benchmark: Living Planet Green Tech Europe Index
ETF name: Amundi ETF Euro Corporate Financials iBoxx
Asset class: bond index ETF
ISIN: FR0011020957
Total expense ratio: 0.16 percent
Distribution policy: non-distributing
Benchmark: Markit iBoxx EUR Liquid Financials Index
ETF name: Amundi ETF Euro Corporate ex Financials iBoxx
Asset class: bond index ETF
ISIN: FR0011020940
Total expense ratio: 0.16 percent
Distribution policy: non-distributing
Benchmark: Markit iBoxx EUR Liquid Non-Financials Index
The two new bond index ETFs in the Amundi ETF Euro Corporate iBoxx series are based exclusively on corporate bonds denominated in euros with an investment grade rating. The underlying indices are total return indices and therefore reinvest dividends and distributions.
The Amundi ETF Euro Corporate Financials iBoxx enables investors to participate in the performance of the Markit iBoxx EUR Liquid Financials Index, which invests in bonds of financial companies operating under private law. By contrast, the Amundi ETF Euro Corporate ex Financials iBoxx focuses exclusively on bonds from private companies outside the financial sector.
The Amundi ETF Green Tech Living Planet aims to replicate as closely as possible the performance of the Living Planet Green Tech Europe Index. This admits only European equities traded in euros to the investment portfolio, which generate at least 20% of their turnover from activities relating to environmentally-friendly and sustainable technologies. The weighting of the individual equities is determined using a “green coefficient” and a single company has a maximum share in the index of 15%.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 819 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €13 billion, makes Xetra Europe’s leading trading venue for ETFs.
