Overview
Description
Amundi Nasdaq-100 Swap UCITS ETF EUR Hedged Acc is an exchange-traded fund designed to replicate the performance of the Nasdaq 100® (EUR Hedged) index, which consists of a selection of 100 leading non-financial companies listed on the Nasdaq stock exchange, many of which are prominent in the technology sector. The ETF employs a synthetic replication method using swap agreements, allowing it to closely track the benchmark index’s returns while incorporating a Euro currency hedge to mitigate the impact of fluctuations between the US dollar and Euro. This makes the fund particularly suited to investors seeking exposure to US technology and growth companies while minimizing currency risk. The fund’s accumulating structure means dividends generated by underlying holdings are automatically reinvested, thereby increasing the fund’s net asset value over time. Launched in September 2016 and domiciled in Luxembourg, it currently manages over 759 million Euros in assets. Amundi Nasdaq-100 Swap UCITS ETF EUR Hedged Acc plays a distinctive role in offering European investors targeted access to US mega-cap equities in a cost-effective and risk-managed format.
About
Address
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Phone
+886 2 8101 0696
Website
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Instrument type
ETF
Country
Germany
MIC code
XHAM