Amundi MSCI USA Minimum Volatility Factor UCITS ETF (C)
ISIN LU1589349734 Rating ★★★★☆
Replication
synthetic
Earnings
accumulating
Asset class
Equity
Region
North America
Country
US
Strategy
Low Volatility
TER
0.18 %
TD
0.15 %
Currency
USD
Fund size
321 Mio EUR
Perf. 2023
9.30 %
"Amundi MSCI USA Minimum Volatility Factor UCITS ETF (C)" is an exchange-traded investment fund (ETF). It refers to the MSCI USA Minimum Volatility Index. This index reflects the development of US American stocks with low volatility . 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 0.18% per year. The yearly average divergence from the index performance (Tracking Difference) since 2018 was 0.15% per year. Therefore, the ETF was slightly less expensive than the TER suggests.