Amundi Russell 1000 Growth UCITS ETF Acc

The Amundi Russell 1000 Growth UCITS ETF Acc is an exchange-traded fund that seeks to track the performance of the Russell 1000 Growth index, focusing on the large-cap growth segment of the U.S. equity market. This accumulating ETF reinvests dividends back into the fund rather than distributing them to investors, allowing for potential compounding effects over time. With a total expense ratio of 0.19% per annum, it offers cost-effective exposure to high-growth companies, deducted continuously from fund assets. The fund, domiciled in Ireland and managed by Amundi ETF, holds approximately 551 million euros in assets and was launched on October 27, 2011. Top holdings include prominent technology and growth leaders such as Microsoft, NVIDIA, Apple, Amazon, and Meta Platforms, reflecting its emphasis on innovative sectors driving market expansion. Unhedged against currency risk with a USD base currency, it provides European investors compliant access under UCITS regulations to the dynamic U.S. growth equity space, serving as a key tool for diversified portfolio construction in global financial markets.