Amundi PEA Eau (MSCI Water) UCITS ETF Capi

Amundi PEA Eau (MSCI Water) UCITS ETF Capi is an exchange-traded fund (ETF) that tracks the MSCI ACWI IMI Water Custom Index, focusing on companies involved in water-related businesses. Launched in 2014 and domiciled in France, it employs synthetic replication through derivatives like swaps to mirror the index's performance, targeting large, mid, and small-cap stocks from developed and emerging markets that derive significant revenues from water utilities, infrastructure, treatment, and conservation. The ETF qualifies for France's PEA tax-advantaged savings plan, with a fund size around 119 million euros and a total expense ratio of 0.60%. As an accumulating vehicle, it reinvests dividends rather than distributing them, promoting compounded growth. Key holdings in the underlying index include leaders like Advanced Drainage Systems and United Utilities Group, emphasizing sustainable water management amid global resource challenges. This ETF plays a pivotal role in thematic investing, enabling exposure to the critical water sector, which addresses escalating demands for efficient utilities, treatment technologies, and ESG-aligned solutions in utilities and industrials.