Amundi Core S&P 500 Swap UCITS ETF EUR Hedged Acc

Amundi Core S&P 500 Swap UCITS ETF EUR Hedged Acc is an exchange-traded fund designed to replicate the performance of the S&P 500 Index through synthetic replication using swaps. Launched on 19 August 2013 and domiciled in Luxembourg, it is managed by Amundi ETF and features a low total expense ratio of 0.07% per annum, making it a cost-efficient option for investors. The fund is accumulating, meaning dividends from the underlying index constituents are reinvested rather than distributed, which supports compound growth in the ETF's net asset value. A key feature is its EUR currency hedge, which mitigates exchange rate risk between the US dollar-denominated S&P 500 and the euro, appealing particularly to European investors seeking exposure to leading US large-cap equities without direct currency fluctuations. With a substantial fund size of approximately EUR 1,402 million, it provides broad diversification across major US companies spanning technology, finance, healthcare, and consumer sectors represented in the S&P 500. This ETF serves as a core equity holding in portfolios, offering long-only strategy risk and UCITS compliance for regulatory standards in Europe. Its synthetic approach ensures close tracking of the benchmark while maintaining liquidity and transparency in the financial markets.