Amundi Core S&P 500 Swap UCITS ETF Acc

Amundi Core S&P 500 Swap UCITS ETF Acc is a UCITS-compliant exchange-traded fund managed by Amundi Asset Management that synthetically replicates the performance of the S&P 500 Net Total Return Index, capturing both upward and downward movements of this benchmark comprising the 500 largest U.S. companies by market capitalization. Launched in December 2014 with a reference currency in euros, it employs a swap-based replication strategy with counterparties like Morgan Stanley and Societe Generale, limiting exposure to 10% of assets per UCITS rules, while automatically reinvesting dividends as an accumulating share class to support compounding. Key sectors include information technology (around 33.7%), with heavy weighting in electronic technology and technology services, alongside healthcare, financials, consumer discretionary, and industrials; top holdings mirror the index leaders such as NVIDIA, Apple, and Microsoft. Denominated in EUR with low management fees of 0.05%, it offers European investors efficient, diversified U.S. equity exposure, high liquidity, and regulatory protections under Luxembourg law, serving as a core portfolio component amid substantial assets under management exceeding 23 billion euros.