"Amundi MSCI EMU Small Cap ESG CTB Net Zero Ambition - UCITS ETF Dist" is an exchange-traded investment fund (ETF). It refers to the MSCI EMU Small Cap ESG Broad CTB Select Index. This index reflects the development of securities . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings are distributed to the investors. The fund company Amundi claims a total expense ratio (TER) of 0.40% per year. The yearly average divergence from the index performance (Tracking Difference) since 2007 was 0.16% per year. Therefore, the ETF was less expensive than the TER suggests.