Amundi S&P 500 Buyback UCITS ETF EUR (C)

Amundi S&P 500 Buyback UCITS ETF EUR (C) is an exchange-traded fund designed to replicate the performance of the S&P 500 Buyback Index, which comprises the top 100 companies in the S&P 500 with the highest buyback ratios over the last 12 months. This equity-focused fund provides exposure to leading U.S. firms that are actively returning capital to shareholders through share repurchases. Notably, it uses a synthetic replication method via swaps, meaning the ETF does not physically hold the underlying stocks but gains index performance through derivative contracts. The ETF is accumulating, so any dividends received from constituent equities are reinvested, compounding returns for investors. With a low total expense ratio of 0.15% per annum and assets under management around 54 million euros, it offers a cost-efficient tool for investors seeking to target companies emphasizing shareholder value via buybacks. Managed by Amundi and domiciled in Luxembourg, the fund is compliant with UCITS regulations, making it suitable for European investors. The ETF plays a distinctive role in the market by concentrating on corporate buyback activity, which is often associated with confidence in company prospects and a focus on enhancing shareholder returns.