Investors are now able to gain exposure to the small cap segment of the US equity market through the ETF, which tracks the Russell 2000 Net Total Return Index constituting the smallest 10% of stocks in the US market by market capitalisation.
The ETF offers exposure to around 2,000 shares to the US domestic economy total expense ratio of 0.35%, and available in both euros and dollars.
“This new ETF is another example of our commitment to launch competitively-priced products and offers a new allocation brick for US equities,” Valérie Baudson, global head of ETF and indexing at Amundi commented.
Funds are tailored by market capitalisation, sector and currency exposure, with or without hedging.
