This new ETF offers investors a specific exhibition to the European Defense sector, a segment that is experiencing strong structural growth, since the continent has undertaken an important improvement of its military capacities.
The ETF replicates the Stoxx® Europe Total Market Defense Capped Index index, selecting European companies with exposure to defense activities.
With management expenses of only 0.35%3, the Amundi Stoxx Europe Defense UCits ETF is the ETF of Defense of Europe with the most competitive price available in the market4 at the time of its launch.
The ETF, which is quoted in Euronext Paris, will soon be available in Xetra and Borsa Italiana, which will make it accessible to a wide audience of professional and particular investors.
Fannie Wurtz, director of the distribution division & Wealth, and ETF & Liabilities business in Amundihe states that «In Amundi, we are committed to offering investors efficient solutions that meet their objectives and expectations. The Amundi Stoxx Europe Defense UCits ETF offers an opportunity to finance and support the strategic initiatives of Europe, while accessing the long -term growth potential of the European Defense sector and the Variable Income Markets».