"Amundi Index Equity Global Multi Smart Allocation Scientific Beta UCITS ETF DR - EUR (C)" is an exchange-traded investment fund (ETF). It refers to the Scientific Beta Developed Multi-Beta Multi-Strategy Four-Factor ERC Index. This index reflects the development of world wide stocks . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are automatically reinvested (accumulated). 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 2019 was 0.32% per year. Therefore, the ETF was less expensive than the TER suggests.