Amundi S&P 500 Swap UCITS ETF EUR Acc

Amundi S&P 500 Swap UCITS ETF EUR Acc is an exchange-traded fund that aims to replicate the performance of the S&P 500 Total Return Index, which measures the returns of the 500 largest publicly listed companies in the United States. This ETF employs a synthetic replication method, utilizing swap agreements with major financial institutions such as J.P. Morgan, Morgan Stanley, and BNP Paribas to track the index performance rather than holding the physical basket of underlying stocks. It features an accumulating distribution policy, meaning any dividends from the tracked companies are not paid out but are reinvested within the fund, leading to a gradual increase in the ETF’s net asset value. The fund is denominated in euros, does not hedge against currency risk, and carries a total expense ratio of 0.15% per annum, making it a cost-effective option for index exposure. Managed by Amundi and domiciled in Luxembourg, the ETF caters to investors seeking long-term, broad-based equity market exposure to the U.S. economy through a single, regulated UCITS-compliant vehicle. With substantial assets under management, it offers liquidity and transparency for portfolio diversification across sectors represented in the S&P 500 index.