436.17499 USD
2.475
0.56%
Last update Dec 12, 4:28 PM GMT
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Day range
435.85001
440.89999
Previous close
438.64999
Open
440.89999
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Amundi MSCI World Fund
436.17
2.48
0.56%

Overview

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Description

The Amundi MSCI World Fund is a collective investment vehicle designed to track the performance of the MSCI World Index. This fund provides investors with a means to gain broad exposure to large and mid-cap equity markets globally. The primary function of the fund is to replicate, as closely as possible, the benchmark's performance, which encompasses approximately 1,600 companies across 23 developed countries. A notable feature of the Amundi MSCI World Fund is its diversification across various sectors, industries, and geographic regions. This broad exposure mitigates specific risks associated with investing in single-country or region-specific equities and provides a balanced risk/reward profile. The fund plays a significant role in the financial market by allowing investors to participate in the overall growth and movements of the global economy, reflecting the collective performance of some of the world's most influential corporations. Amundi, one of the largest asset managers in Europe, manages this fund, offering extensive experience and expertise in providing transparent and efficient access to the international equity markets.

About

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Instrument type
ETF
Country
United Kingdom
MIC code
XLON
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