The Amundi Index Equity Global Multi Smart Allocation Scientific Beta Fund will track the Scientific Beta Developed Multi-Beta Multi-Strategy ERC index, sitting alongside Amundi’s ETF alternative.
The index comprises around 2000 developed market large and mid-cap stocks, utilising four weighted sub-indices which account for volatility, valuation, size and momentum while blending five smart beta diversification strategies.
Carrying ongoing charges ranging between 0.15% and 0.5% depending on share class, the fund is currently available to UK and European investors seeking a long-term investment outlook.
“Multi-factor smart beta strategies represent a very important area of growth” said Valerie Baudson, global head of ETF, indexing and smart beta.
“To meet increasing client demand, Amundi has therefore developed a wide range of smart beta solutions.”
