Amundi cross-lists equity ETFs on SIX

Feb 16th, 2018 | By | Category: Equities

Amundi has cross-listed two equity ETFs onto SIX Swiss Exchange, further expanding its Swiss offering. In January, Amundi cross-listed another four of its equity ETFs onto SIX.

Amundi cross-lists four ETFs on the SIX

Amundi cross-lists four ETFs on the SIX

One of the funds to be cross-listed tracks the EURO STOXX 50 and has been made available in three separate share classes. The other tracks the CAC 40.

Amundi CAC 40 ETF

The Amundi CAC 40 UCITS ETF DR – euro (C40 SW) tracks the performance of the market-capitalization weighted French index, the CAC 40.

The CAC 40 is an equity index which represents the 40 leading securities on the Paris stock market, the Euronext Paris. The two largest sector exposures are industrial goods & services and oil & gas, which together make up roughly 22% of the total exposure. The index’s highest exposure to an individual company is to oil & gas business Total, at 9.44%. Index rebalancing occurs quarterly.

The ETF trades in euros and has an ongoing charge of 0.25%.

Amundi EURO STOXX 50 ETF

The Amundi EURO STOXX 50 UCITS ETF DR – daily hedged US dollar (C5HU SW) tracks the performance of the EURO STOXX 50, an index of 50 blue-chip eurozone stocks.

The EURO STOXX 50 tracks 50 stocks from 11 eurozone countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. Total and Siemens are the two biggest exposures and together represent almost 9% of the index. The index is dominated by exposure to equities listed in France (34.9%) and Germany (32.9%), with the next largest country exposures being the Netherlands (11.0%), Spain (10.1%) and Italy (5.0%).

The ETF trades in US dollars and hedges its exposure daily between the US dollar and euro. 

Two other share classes of the fund have been made available: one trades in euros under the ticker C50 SW while the other trades in US dollars, with no daily currency hedge, under the ticker C50U SW. Each share class has an ongoing charge of 0.15%.

The fund is also listed on the Euronext Paris.

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