New equity ETF from Amundi on Xetra: access to the global equity markets of industrialised countries excluding the USA

A new exchange-traded fund from Amundi Asset Management has been tradable on Xetra and Börse Frankfurt since today.

The Amundi MSCI World ex USA UCITS ETF tracks the performance of the MSCI World ex USA Index. It gives investors direct access to a broadly diversified basket of large and medium-sized companies from 22 developed countries with exception of the USA.

With currently 828 stocks, the benchmark index represents around 85 per cent of the market capitalisation of all countries across the traditional sectors. Companies from France, the UK, Japan, Canada and Switzerland account for over 60 per cent.

This is an accumulating share class that can be traded in euros or US dollars using the same ISIN. The trading currency can be selected via an individually assigned stock exchange code.

The ongoing fee is 0.20 per cent.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,225 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.