Amundi MSCI EMU Value Factor UCITS ETF Dist

Amundi MSCI EMU Value Factor UCITS ETF Dist is an exchange-traded fund that tracks the MSCI EMU Value Index, focusing on large- and mid-cap securities within the Eurozone exhibiting strong value characteristics. These characteristics are determined by metrics such as book value to price, forward earnings to price, and dividend yield, targeting undervalued stocks across diversified sectors including financial services, industrials, utilities, energy, and healthcare. The ETF employs full physical replication to closely mirror the index's performance, maintaining a long-only strategy with no currency hedging, and is domiciled in Luxembourg with the euro as its base currency. Launched on April 1, 2005, it features a low total expense ratio of 0.40% per annum and distributes dividends annually, offering a recent yield around 3-4% based on historical payouts. Top holdings include prominent firms like Banco Santander, Allianz, Siemens, and TotalEnergies, representing significant exposure to European financial and industrial leaders. With assets under management near EUR 231 million, this ETF provides investors targeted access to value-oriented equities in the Economic and Monetary Union, emphasizing passive management and cost efficiency in the equity market.