Amundi MSCI Europe Momentum Factor UCITS ETF EUR (C)

Amundi MSCI Europe Momentum Factor UCITS ETF EUR (C) is an exchange-traded fund managed by Amundi Asset Management, designed to track the MSCI Europe Momentum Index. It focuses on European equities exhibiting high price momentum, selecting large-cap and mid-cap companies from developed European markets that have shown strong performance over the past 6 and 12 months. The fund employs a synthetic replication methodology using derivatives like swaps to mirror the index, investing across diversified sectors for broad exposure. As an accumulating UCITS-compliant ETF domiciled in Luxembourg and launched in May 2016, it reinvests dividends rather than distributing them, supporting long-term capital growth. With a low total expense ratio of 0.23%, assets under management around 127 million EUR, and 47 holdings, it provides a cost-effective vehicle for momentum-based strategies in the European equity market. This ETF plays a key role in factor investing, enabling targeted access to momentum characteristics within Europe's public equity landscape.