Amundi MSCI North America ESG Broad Transition - AE (C)

Amundi MSCI North America ESG Broad Transition - AE (C) is an accumulating UCITS ETF that tracks the MSCI North America ESG Broad CTB Select Index, focusing on North American equities with enhanced environmental, social, and governance (ESG) characteristics. Launched in June 2016 and domiciled in Ireland, it manages substantial assets, around 578 million Euros, with a low total expense ratio of 0.15% p.a., employing physical replication in a currency-unhedged structure denominated in Euros. The underlying index, comprising 561 constituents with a total market cap of $55.07 trillion, maximizes exposure to positive ESG factors while preserving risk-return profiles similar to broader benchmarks, featuring top holdings like NVIDIA, Apple, and Microsoft, and low exposure to fossil fuels and controversies. It emphasizes climate transition through reduced carbon intensity, higher green revenue, and stringent screens for UN Global Compact violations and red-flag issues, outperforming comparators in ESG scores across environmental, social, and governance pillars. This ETF serves investors seeking broad North American equity participation aligned with sustainable transition objectives in developed markets.