Amundi MSCI Emerging Markets Swap II UCITS ETF USD Acc

Amundi MSCI Emerging Markets Swap II UCITS ETF USD Acc is an exchange-traded fund that seeks to replicate the performance of the MSCI Emerging Markets Net Total Return Index, capturing large- and mid-cap stocks across emerging market economies in regions like Asia, Latin America, and Eastern Europe. This accumulating ETF automatically reinvests dividends to compound returns without distributions to investors, employing a synthetic replication strategy through total return swaps for 100% exposure to the index, which minimizes tracking error while avoiding direct equity holdings. Managed by Amundi ETF and domiciled in Luxembourg or France, it features a total expense ratio of 0.55% per annum and manages assets around EUR 884-887 million. Denominated in USD with unhedged currency risk to the underlying index, it targets sectors such as technology, finance, and consumer goods, offering investors regulated UCITS-compliant access to the growth opportunities and inherent volatility of emerging markets within a long-only equity framework. Launched around 2007, it provides efficient, cost-effective exposure to this dynamic asset class.