Amundi ETF has listed a CAC 40 exchange-traded fund that pays dividends on NYSE Euronext Paris.
This brings the total number of products in the Amundi ETF range to 79.
Valérie Baudson (pictured), director of Amundi ETF, says: “So far investors had access to the C share of the fund where dividends are capitalised by their liquidation value. The creation of the D share will enable investors to benefit from the revenue distribution paid by the 40 largest stocks on the French market."
Investors can have exposure to the CAC 40 through one ETF (C) that offers an optimal exposure to the market by reinvesting net dividends daily; one ETF (D) that allows the withdrawal of received revenues one or several times a year as ex-dividends; one short ETF that offers a daily inverse exposure to the performance of the CAC 40 Index; and one leveraged ETF that doubles the daily movement of the CAC 40 whether the trend is rising or falling, minus lending fees.
The products are distributed by dedicated sales teams at Amundi and CA Cheuvreux.