Amundi ETF expands mono factor range in Italy
Amundi ETF has extended its mono-factor range on the MSCI Europe index by listing on the Italian stock exchange two new Quality and Momentum risk-factor ETFs.
The range of mono-factor exposures on European equities is offered at ongoing charges of 0.23%.
The two new ETFs offer exposure to the MSCI Europe Momentum index and the MSCI Europe Quality index respectively. They complete Amundi ETF range of mono-factor exposures on European equities, which already included size, value, low volatility, and dividends.
Through Amundi ETF range, investors have the possibility to access all the must-have mono-factor investment bricks and to fully customize their portfolio allocation. They can decide to pick-and-choose one or more available factors according to market conditions or specific needs, or also to include all building blocks to their basket, thus constructing a full European equities mono-factor-based portfolio.
The MSCI Europe Momentum strategy index emphasizes large and mid-cap stocks from the MSCI Europe index, showing the best performance during the last 6 and 12 months before
the last index rebalancing date, while maintaining reasonably high trading liquidity, investment capacity and moderate index turnover.