Amundi doubles UK ETF range

Amundi has added to its London-listed ETF range with 17 new UK and European index-based products.

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This comes on top of the introduction in early May of its first 16 ETFs into the UK.

These new Amundi additions are based on the FTSE and various European indices. The UK offerings are two ETFs on FTSE 100 FTSE 250 indices, with total expense ratios of 0.25%, and the Amundi ETF FTSE UK Dividend Plus that tracks the performance of the highest yielding UK stocks.

The European indices tracked are done so through the Amundi ETF MSCI Europe ex UK that gives exposure to 15 European countries excluding the UK, with a TER of 0.3%, and the Amundi ETF Euro Stoxx Small Cap giving exposure to 100 small caps listed on eurozone equity markets.

There are also 11 European sector ETFs that cover energy, consumer discretionary, consumer staples, materials, healthcare, industrials, insurance, IT, banks, telecom services and utilities. The TERs for all of the European products are 0.25%.

The 17th ETF is the Amundi ETF Green Tech Living Planet that will closely replicate the performance of the Living Planet Green Tech Europe strategy index. It offers exposure to European companies generating at least 20% of their consolidated turnover through green technology activities.

The index was created in partnership between a subsidiary of WWF International, The Living Planet Fund Management, and the socially responsible investment research teams of CA Cheuvreux.

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