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Amundi launches S&P 500 Buyback UCITS ETF on Xetra

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Amundi has launched a new exchange-listed equity index fund – the Amundi ETF S&P 500 Buyback UCITS ETFi – on Deutsche Börse’s XTF segment on Xetra.

The new ETF enables investors to participate in the performance of 100 stock corporations in the S&P 500 index which use share buyback programmes. The selection is based on the highest buyback ratio of the past twelve months.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,057 exchange traded funds. This selection, together with an average monthly trading volume of around EUR13 billion.

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