The intensive European roll-out plan of the Amundi ETF range continues with the introductions of quality, cost-efficient and innovative products widening investors’ access to an increasing number of products in the range with recent registrations and cross-listings in Germany, Italy, the Netherlands and Switzerland.
Today, the Amundi ETF range exceeds 100 products on NYSE Euronext in Paris and 300 registrations and cross-listings on in Germany, Italy, the Netherlands, Switzerland, and the UK.
Valérie Baudson (pictured), Managing Director of Amundi ETF, says: “This last month has seen strong development for the Amundi ETF range in terms of product launches across Europe and assets under management exceeding USD10 billion at end June. This fast development is fully in line with our ambition to be one of the top 5 European players. As we progress with the European roll-out plan to offer a wider product range in each country, our focus remains very much on providing investors with a rich choice of investment opportunities.”
With the latest round of registrations and listings, the main asset classes (equities, fixed income, money markets, and commodities) and geographical exposures (Europe, US, emerging markets, and world) are largely represented in each country.
All products in the Amundi ETF range fully comply with UCITs III rules. The product range contains three ETFs[1] which use the physical replication method. For those ETFs using the swap-based (synthetic) method, the marked-to-market value of the swap is limited to around 4.5% of each fund’s assets, which is below the 10% limit per counterparty stipulated by UCITs III rules. The assets held by the funds are invested in European blue chip equities for equity funds and mainly investment grade bonds for fixed income funds.
