Amundi ETF has listed two products tracking emerging market equity and bond indices on NYSE Euronext Paris.
One ETF seeks to replicate the performance of the MSCI Emerging Markets Index whether the trend is rising or falling.
This index allows exposure to around 20 emerging countries and covers approximately 85 per cent of the market capitalisation in each country.
The product is offered with a TER of 0.45 per cent versus an average of 0.69 per cent for similar competitor products.
The second ETF aims to replicate the MarkitiBoxx USD Liquid Emerging Markets Sovereigns Index, whether the trend is rising or falling. This index comprises US denominated debt securities, from around 20 emerging countries with a minimum rating of CCC (or equivalent by S&P, Moody’s or Fitch).
The product is offered with a TER of 0.30 per cent versus an average of 0.48 per cent for similar competitor products.
Valérie Baudson, managing director of Amundi ETF, says: “With this launch, we are enhancing our emerging market offering which already covers China, India, Brazil and Eastern Europe. Within the Amundi ETF range, investors now have access to two essential exposures for their portfolio allocation at competitive prices.”
