Amundi announces the expansion of the Prime ETF range
Wednesday 22 July 2020
London, 22 July 2020 – Following the launch of Europe’s lowest cost1 core ETF range in March 2019, Amundi announces the addition of two further ETFs to the Amundi Prime ETF range:
- Amundi Prime UK Mid and Small Cap UCITS ETF : Listed on the London Stock Exchange, this fund offers investors low-cost exposure to the top 150 UK mid and small cap companies, included in the Solactive United Kingdom Mid and Small Cap ex Investment Trust index.
Amundi Prime US Treasury Bond 0-1 Y UCITS ETF
: Listed on Deutsche Börse Xetra, this fund offers investors low-cost exposure to USD-denominated securities issued by the US Treasury with a maturity of 1-12 months.
The Amundi Prime ETF range provides investors the essential building blocks of a diversified portfolio at a single, ultra-low ongoing charge of 0.05%2.
The range now comprises six equity and six fixed income exposures covering the core geographical exposures. All the ETFs in the range use physical replication and track indices developed by Solactive. They also all benefit from the exclusion of companies involved in the production or sale of controversial weapons.
When we launched our industry-leading low cost range of ETFs last year, we committed to listening to our clients and developing solutions to match their needs. These new funds offer investors the opportunity to complement their portfolios with additional cost-effective core ETF exposures.
Fannie Wurtz, Head of Amundi ETF, Indexing and Smart Beta
1Source: Amundi comparison based on the ongoing charges (OGC) of equivalent “core” ETF ranges available in Europe. Data from Bloomberg as of 31/01/2020. Important: some individual Funds may not have lower charges than their European peers or may not have a comparable equivalent, and vice versa. Analysis excluding third party commissions/costs incurred directly by investors when trading.
2Ongoing charges - annual, all taxes included. The ongoing charges represent the charges taken from the fund over a year. Until the fund has closed its accounts for the first time, the ongoing charges are estimated. Transaction cost and commissions may occur when trading ETFs.