Overview
Description
Amundi S&P Global Consumer Discretionary ESG UCITS ETF DR EUR (A) is an exchange-traded fund that tracks the S&P Developed Ex-Korea LargeMidCap Consumer Discretionary Index, focusing on large- and mid-cap companies in the consumer discretionary sector across developed markets excluding Korea. Launched on September 20, 2022, and domiciled in Ireland, this accumulating UCITS-compliant ETF employs a physical replication method to mirror the benchmark's total return net performance, reinvesting dividends to compound growth. It integrates ESG principles through principles-based selection criteria, screening out companies involved in tobacco, controversial weapons, and other exclusions while emphasizing sustainability-enhanced holdings in areas like retail trade, consumer durables, and services. With assets under management around 236-292 million EUR and a low expense ratio of 0.18-0.25%, the fund offers cost-efficient exposure to global consumer discretionary equities weighted by market capitalization. Managed passively by Amundi Ireland Ltd., it serves investors seeking targeted sector access combined with environmental, social, and governance considerations in a broad-based, unhedged EUR-denominated vehicle.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
(353)1 480 2000
Website
Instrument type
ETF
Country
United Kingdom
MIC code
BCXE