Amundi S&P Global Consumer Discretionary UCITS ETF

The Amundi S&P Global Consumer Discretionary UCITS ETF is a type of exchange-traded fund specifically designed to track the performance of the S&P Global 1200 Consumer Discretionary Index. This index is comprised of shares from the consumer discretionary sector, which includes industries such as automotive, household durables, textiles and apparel, hotels, restaurants, leisure facilities, and luxury goods. The primary function of this ETF is to provide investors with a means to gain exposure to stocks of companies worldwide that are expected to benefit from rising economic growth and consumer spending. The fund aims to replicate the performance of the index as closely as possible, net of fees, by investing in a portfolio of global discretionary consumer stocks. As a UCITS compliant instrument, it adheres to European regulatory standards ensuring a degree of protection for investors. In the financial markets, this ETF serves as an efficient vehicle for investors looking to diversify their portfolios geographically while focusing specifically on the consumer discretionary sector, reflecting the global economic climate and consumer trends.