New equity ETF from Amundi on Xetra: access to growth companies from the large-cap segment of the US equity market
New equity ETF from Amundi on Xetra: access to growth companies from the large-cap segment of the US equity market
A new exchange-traded fund from Amundi Asset Management has been tradable on Xetra and Börse Frankfurt since Tuesday.
The Amundi Russell 1000 Growth UCITS ETF offers investors access to a broadly diversified equity portfolio of high-growth US companies with the highest market capitalisation. Companies are selected from the parent index, the Russel 1000 Index, with relatively higher price-to-book ratios, higher forecast medium term growth for the next two years and higher sales per share historical growth over the last five years. The benchmark index currently comprises 439 companies.
Investors can trade the accumulating ETF flexibly in the desired currency of US dollars or British pounds using the same ISIN. The trading currency can be selected via an individually assigned stock exchange code.
Name | Asset class | ISIN | Xetra ticker for the trading currency | |
USD | GBP | |||
Amundi Russell 1000 Growth UCITS ETF Acc | Equity Income ETF | MWOT | MWOV | |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,192 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.