Amundi MDAX UCITS ETF Dist

Amundi MDAX UCITS ETF Dist is an exchange-traded fund that seeks to replicate the performance of the MDAX® index, comprising 50 mid-cap German stocks listed on the Prime Standard segment of the Deutsche Börse. Managed by Amundi Asset Management and domiciled in France, this UCITS-compliant ETF employs a synthetic replication methodology using derivatives like swap contracts to track the benchmark, providing investors with exposure to diversified sectors within Germany's public equity markets. Launched on May 15, 2014, it features a total expense ratio of 0.20% per annum, with assets under management reaching EUR 317 million. As a distributing ETF, it pays dividends annually, offering a current yield of approximately 1.50% based on recent payments of EUR 2.24 over the last 12 months. Unhedged against currency risk and denominated in euros, Amundi MDAX UCITS ETF Dist plays a key role in offering targeted access to German mid-cap performance, complementing broader market indices like the DAX while highlighting growth potential in established yet agile companies across various industries.