Welcome to Dividends Inside Welcome to Dividends Inside!
The platform is currently in beta, so some features and data may still change as we improve the service. If you have questions, feedback, or run into anything unexpected, please contact us at info@dividendsinside.com.
Amundi MSCI Turkey UCITS ETF Acc is an exchange-traded fund that provides investors with targeted exposure to the Turkish equity market. Launched by Amundi Asset Management and domiciled in Luxembourg, it tracks the MSCI Turkey index, which captures the performance of large and mid-cap segments covering approximately 85% of the Turkish equity universe. This accumulating ETF reinvests dividends rather than distributing them, allowing for compounded growth within the fund. With a total expense ratio of 0.45% per annum, it stands as the most cost-effective option among ETFs replicating this benchmark, employing synthetic replication through derivatives like swap agreements to mirror the index's total return. Unhedged against currency risk and denominated in euros, the fund focuses on a long-only strategy across diversified sectors in Turkey, including prominent large-cap companies. Managing assets under management of around 115 million euros since its inception in 2006, Amundi MSCI Turkey UCITS ETF Acc serves as a key vehicle for gaining diversified access to Turkey's dynamic emerging market, reflecting both its growth potential and inherent volatility.