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Amundi MSCI China ESG Selection Extra UCITS ETF Acc
Amundi MSCI China ESG Selection Extra UCITS ETF Acc is an exchange-traded fund that seeks to track the performance of the MSCI China Select ESG Rating and Trend Leaders index. This index focuses on Chinese large and mid-cap companies exhibiting robust ESG profiles compared to their sector peers, along with positive trends in enhancing those profiles. It starts from the broader MSCI China index and excludes firms from ESG-sensitive sectors or those with products and activities potentially harmful to society or the environment. The ETF employs full physical replication, holding all index constituents, and follows an accumulating distribution policy, reinvesting dividends back into the fund. Primarily invested in equities from China, with minor allocations to Hong Kong and other regions, its portfolio emphasizes sectors such as consumer discretionary, telecommunications, and financials, featuring prominent holdings like Tencent Holdings and Alibaba Group. Domiciled in Luxembourg and managed by Amundi ETF, this UCITS-compliant product offers unhedged currency exposure in euros, catering to investors interested in sustainable exposure to the Chinese equity market.