Amundi STOXX Global Artificial Intelligence UCITS ETF (C)
ISIN LU1861132840 Rating ★★★☆☆
Replication
synthetic
Earnings
accumulating
Asset class
Equity
Region
World
TER
0.35 %
TD
0.82 %
Currency
EUR
Fund size
397 Mio EUR
Perf. 2022
-20.60 %
"Amundi STOXX Global Artificial Intelligence UCITS ETF (C)" is an exchange-traded investment fund (ETF). It refers to the STOXX AI Global Artificial Intelligence ADTV5 Index. This index reflects the development of world wide stocks . 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 0.35% per year. The yearly average divergence from the index performance (Tracking Difference) since 2019 was 0.82% per year. Therefore, the ETF was more expensive than the TER suggests.