Amundi Core S&P 500 Swap UCITS ETF Acc

Amundi Core S&P 500 Swap UCITS ETF Acc is an exchange-traded fund (ETF) domiciled in Luxembourg and managed by Amundi ETF. It seeks to replicate the performance of the S&P 500 Net Total Return Index, which tracks the 500 largest U.S. companies by market capitalization across diverse sectors including technology, finance, healthcare, and consumer goods. This ETF employs a synthetic replication strategy using swaps to achieve close tracking of the index, whether in rising or falling markets, minimizing tracking error. With a low total expense ratio of 0.05% per annum, it offers cost-effective exposure to the U.S. large-cap equity market for European investors, denominated in euros and unhedged against currency risk. As an accumulating ETF launched on December 9, 2014, it reinvests dividends automatically, enhancing compound growth without distributions to shareholders. Boasting a substantial fund size of approximately 12,589 million euros, it plays a key role in providing UCITS-compliant access to one of the world's premier equity benchmarks, facilitating broad market participation and portfolio diversification.