Overview
Description
The Amundi S&P 500 UCITS ETF is an exchange-traded fund that aims to closely replicate the performance of the S&P 500 Index, an influential stock market index in the United States. This ETF is designed to offer investors broad exposure to the large-cap segment of the U.S. equity market by investing in stocks that are included in the S&P 500. The primary function of the Amundi S&P 500 UCITS ETF is to provide a cost-effective and efficient method for investors to gain diversified access to the U.S. stock market.
Amundi, as the fund issuer, ensures that the ETF's assets accurately track the index by investing in its constituent companies across sectors like technology, healthcare, financials, and consumer goods. This ETF's importance lies in its role as a benchmark for U.S. market performance, making it a useful tool for portfolio diversification and for those seeking to capture the growth potential of leading American companies without the need to purchase individual stocks. The fund is structured to comply with the UCITS (Undertakings for Collective Investment in Transferable Securities) directive, offering additional benefits like liquidity, transparency, and regulatory oversight.
About
Address
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Phone
+886 2 8101 0696
Website
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Instrument type
ETF
Country
Austria
MIC code
XWBO