Amundi S&P Global Luxury UCITS ETF EUR Acc

Amundi S&P Global Luxury UCITS ETF EUR Acc is an exchange-traded fund that provides investors with targeted exposure to the global luxury goods and services sector. It seeks to replicate the performance of the S&P Global Luxury Index, which comprises around 80 major securities from large-cap companies worldwide involved in producing high-end products and premium services, such as luxury fashion brands, high-end automobiles, and exclusive lifestyle offerings. Managed by Amundi Asset Management, Europe's largest asset manager with over €2 trillion in assets, the ETF employs a synthetic replication methodology using derivatives like swaps to track the index efficiently. Geographically diversified, it features significant allocations to Europe ex-UK (39.2%), North America (18.3%), and the rest of the world (42.5%), primarily within consumer discretionary and related sectors. Launched in 2008 and domiciled in Luxembourg, this accumulating ETF in euros caters to those interested in the resilient luxury market, which often benefits from rising disposable incomes among affluent consumers in developed and emerging economies. Amundi S&P Global Luxury UCITS ETF EUR Acc plays a key role in thematic investing strategies focused on consumer trends and discretionary spending.