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Amundi MSCI EMU ESG CTB Net Zero Ambition UCITS ETF Dist
Amundi MSCI EMU ESG CTB Net Zero Ambition UCITS ETF Dist is a distributing exchange-traded fund domiciled in Luxembourg and managed by Amundi ETF. It aims to closely replicate the performance of the MSCI EMU ESG Broad CTB Select Index, targeting large- and mid-cap companies from Economic and Monetary Union (EMU) countries with strong environmental, social, and governance (ESG) characteristics. This ETF employs a broad climate transition (CTB) strategy aligned with net zero ambitions, selecting holdings that demonstrate ESG leadership and potential for improvement to promote sustainable practices and low-carbon economies. Unlike accumulating versions, it distributes dividends annually, typically in December, offering investors periodic income in euros alongside capital growth potential. Key features include physical replication, a long-only unhedged approach, and a low total expense ratio of 0.12%. With around 935 million euros in assets under management and approximately 199-207 holdings, it provides diversified exposure primarily to financials, industrials, and information technology sectors across countries like France, Germany, and the Netherlands. Top holdings include ASML Holding, SAP SE, and LVMH. This fund supports the sustainable investment landscape by enabling targeted access to ESG-enhanced eurozone equities.