Amundi ETF has unveiled 13 sector funds on the Borsa Italiana, boosting its ETF offering on the exchange to 28.
The latest listing includes two world sector funds, which Amundi says are the first ETFs based on MSCI global indices listed in Europe. The funds provide global exposure to two flagship sectors comprising energy and finance. Ten of the funds track European sectors, based on the major MSCI European sector indices. The range also offers a real estate ETF, offering investors participation in the possible rise of the real estate sector, through exposure to around 25 European real estate stocks. The funds use a swap with Crédit Agricole Group to deliver the performance of the underlying...
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