Amundi Pan Africa UCITS ETF Acc is an exchange-traded fund managed by Amundi Asset Management SAS and domiciled in Luxembourg, launched in 2008. It synthetically replicates the SGI Pan Africa Net Total Return Index through derivatives like swap agreements, targeting the performance of the largest 30 stocks listed in Africa or those predominantly exploring African assets, with a focus on large-cap companies across diversified sectors. The index ensures balanced exposure to three key zones—Southern Africa, Northern Africa (including Morocco and Egypt), and Sub-Saharan Africa excluding South Africa—selecting the top 10 eligible stocks per zone, capping the largest at 10%, and limiting any zone to between 25% and 50% of the index. As an accumulating UCITS-compliant fund, it reinvests dividends to support long-term compounding, with assets under management around 71-93 million euros and a total expense ratio of 0.85%. Notable holdings include First Quantum Minerals Ltd, Attijariwafa Bank, and Naspers Ltd. This ETF provides a transparent, regulated vehicle for accessing Pan-African equity markets, playing a niche role in diversified global portfolios focused on emerging regions.