Amundi ETF launches two global sector ETFs
Amundi ETF is extending its range of products admitted for trading on the London Stock Exchange with two global sector exchange-traded funds.
This brings the total number of Amundi ETF products available in the UK to 43.
Investors can now opt for global sector exposure when allocating equity assets through Amundi ETF MSCI World Energy and Amundi ETF MSCI World Financials.
Complementary to the range of 11 European MSCI Sector ETFs already available in the UK, these two products can offer a solution to investors who increasingly consider the global context in their equity asset allocation.
The MSCI Global Sector Indices provide broad coverage of sector and industry groups in developed and emerging market countries and regions, and a select number of frontier markets.
Both ETFs are offered with a total expense ratio of 0.35 per cent.
Tim Miller, senior relationship manager for Amundi ETFs UK & Ireland, says: “These two MSCI Global Sector funds enable UK investors to extend their sector exposure beyond Europe and so include exposure to major economies in both developed and emerging markets. With these two launches Amundi ETF continues to adapt its offering to today’s market conditions.”
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