Amundi MSCI Europe Quality Factor UCITS ETF - EUR (C)
ISIN LU1681041890 Rating ★★★★☆
Replication
synthetic
Earnings
accumulating
Asset class
Equity
Region
Europe
Strategy
Quality
TER
0.23 %
TD
0.21 %
Currency
EUR
Fund size
450 Mio EUR
Perf. 2023
15.30 %
"Amundi MSCI Europe Quality Factor UCITS ETF - EUR (C)" is an exchange-traded investment fund (ETF). It refers to the MSCI Europe Quality Index. This index reflects the development of European 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 0.23% per year. The yearly average divergence from the index performance (Tracking Difference) since 2017 was 0.21% per year. Therefore, the ETF was slightly less expensive than the TER suggests.