Amundi has made reductions ranging from 0.45 per cent to 0.20 per cent to the total expense ratio (TER) of its global and regional emerging markets equity exchange-traded funds (ETFs).
Recent weeks have seen renewed interest from investors in emerging markets, particularly in April, with global emerging markets ETF inflows ranking first in the European ETF market.
“We want to offer our clients the cheapest available ETFs for this asset class,” says Valérie Baudson, global head of ETF and indexing at Amundi. “This fee reduction again demonstrates our willingness to constantly meet investors’ needs with quality products at low cost.”
