Amundi expands ETF thematic range with new Smart City & Smart Factory ETFs
Amundi announces the launch of two new thematic ETFs: the Amundi Smart City UCITS ETF and the Amundi Smart Factory UCITS ETF.
Smart Cities are fast emerging as a response to rapid urbanisation, which will see two-thirds of the global population living in urban areas by 2050. New ‘Smart’ technologies will help cities address the challenges of urbanisation by increasing efficiency, productivity, and sustainability.
To help investors tap into the potential of these cities of the future, six key sectors were identified to underpin its Smart City ETF: public infrastructure, smart homes, e-commerce, healthcare, entertainment, and technology, selecting nearly 208 stocks from across these 6 sectors.
Innovative and disruptive technologies have also given rise to a new type of Smart Factory that is revolutionising manufacturing. Again, five key sectors were identified to help investors benefit from this trend, creating a portfolio of 2522 stocks from companies involved in: Advanced Robotics, Cloud Computing & Big Data, Cyber Security, Augmented Reality & 3D printing and the Internet of Things.
Recognising the importance of diversification, Amundi’s new ETFs cover both developed and emerging markets, and use a multi-sector approach that combines several thematic exposures. Both ETFs track indices from Solactive and exclude controversial weapon providers. The new ETFs were listed today on Euronext Paris and Euronext Amsterdam with the same competitive ongoing charges of 0.35%4.
Fannie Wurtz, Head of Amundi ETF, Indexing & Smart Beta, said: “Innovation is in our DNA, and we are always looking for new opportunities for investors. With our Artificial Intelligence ETF, and now these new Smart City and Smart Factory ETFs, we can help investors to capitalise on three of the major themes that are shaping our future.”
Amundi AM : Fany de Villeneuve - T: +44 7 736 616 531 - firstname.lastname@example.org
^ Source: UN WUP 2018. More developed regions comprise Europe, Northern America, Australia/New Zealand and Japan. Less developed regions comprise all regions of Africa, Asia (except Japan), Latin America and the Caribbean plus Melanesia, Micronesia and Polynesia.
^ For further information on the index provider, please consult www.solactive.com
^ Ongoing charges - annual, all taxes included. For Amundi ETF funds, the ongoing charges correspond to the Total Expense Ratio. The ongoing charges represent the charges taken from the fund over a year. When the fund has not closed its accounts for the first time, the ongoing charges are estimated. It compares the annual total management and operating costs (all taxes included) charged to a fund against the value of that fund's assets. Transaction cost and commissions may occur when trading ETFs.
Having been a pioneer of the European ETF market, Amundi ranks among the top five European ETF providers, with more than €49bn in assets under management. Amundi ETF offers investors a broad range of more than 130 ETFs characterized by continuous innovation and competitive prices.
Dedicated teams are located in major European countries and rely on a wide network of “Authorised Participants” (more than 65 market makers).
Amundi is Europe’s largest asset manager by assets under management and ranks in the top 10 globally. It manages 1,487 billion euros of assets across six main investment hubs. Amundi offers its clients in Europe, Asia-Pacific, the Middle East and the Americas a wealth of market expertise and a full range of capabilities across the active, passive and real assets investment universes. Clients also have access to a complete set of services and tools. Headquartered in Paris, Amundi was listed in November 2015.
Thanks to its unique research capabilities and the skills of close to 4,500 team members and market experts based in 37 countries, Amundi provides retail, institutional and corporate clients with innovative investment strategies and solutions tailored to their needs, targeted outcomes and risk profiles.
Amundi. Confidence must be earned.
Visit amundi.com for more information or to find an Amundi office near you.
^ Source IPE “Top 400 asset managers” published in June 2019 and based on AUM as of end December 2018