Overview
Description
Amundi MSCI World Momentum Factor UCITS ETF is an exchange-traded fund that seeks to replicate the performance of the MSCI World Momentum Index. This ETF focuses on capturing the momentum factor by investing in developed market stocks demonstrating strong recent performance trends relative to their peers. It is designed for investors looking to gain exposure to high-performing equities across a globally diversified portfolio.
The primary purpose of this ETF is to track changes in momentum within the global stock market, facilitating exposure to companies exhibiting upward or downward trends. This asset covers a wide range of industries, with significant impacts on technology, healthcare, and financial services sectors, among others.
Amundi, one of the leading asset managers globally, offers this product to allow investors efficient access to momentum investing strategies while maintaining the benefits of portfolio diversification. Its role in the financial market is crucial as it offers a systematic approach to harnessing the momentum factor, providing insights into the dynamic market movements and trends of developed economies.
About
Address
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Phone
(353)1 480 2000
Website
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Instrument type
ETF
Country
Germany
MIC code
XETR