"Amundi ETF iSTOXX Europe Multi-Factor Market Neutral UCITS ETF - EUR (C/D)" is an exchange-traded investment fund (ETF). It refers to the iSTOXX Europe Multi Factor Market Neutral Index. This index reflects the development of Emerging Marketsstocks . The ETF replicates its index using synthetic replication, so the index performance is realized using a swap contract. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company Amundi claims a total expense ratio (TER) of 0.55% per year. The yearly average divergence from the index performance (Tracking Difference) since 2018 was 0.84% per year. Therefore, the ETF was more expensive than the TER suggests.