Amundi has launched two new equity ETFs, with one following the MSCI USA index, and the second acting as an ex-US global exposure.
The offerings include the Amundi MSCI USA UCITS ETF and the Amundi MSCI World EX USA UCITS ETF. The US strategy will be exposed to near 85% of the free float-adjusted market capitalisation in the US with a management fee of 0.03%.
See also: Capital Group releases OEIC version of New Perspective fund
The global ex-US strategy offers exposure across 22 developed countries with a management fee of 0.15%. Amundi said the strategy is geared towards those looking for a single solution to “complement global exposure”.
Benoit Sorel, head of ETF, Indexing and Smart Beta at Amundi, said: “These two ETFs offer investors the opportunity to manage their exposure to US and global markets more precisely, adding an already comprehensive toolkit for increasingly granular allocation. These new offerings demonstrate our commitment to developing valuable solutions tailored to our clients’ needs.”
