Fund Management

Amundi ETF Expands Offering In Germany

Devina Shah London 15 September 2010

Amundi ETF Expands Offering In Germany

Amundi ETF, a subsidiary of the French asset management group Amundi, has listed five exchange-traded funds on Xetra, the German stock exchange, aiming to accelerate the unit's European development and offerings.

Four ETFs will track the S&P 500, the NASDAQ-100, the CAC 40, and the EURO STOXX Small Cap indices. A fifth will seek to replicate the performance of the EuroMTS ex-AAA Government Index, which offers an exposure to debt securities issued by the Euro zone member states with a rating lower than “AAA.” With these additions, Amundi ETF will have 63 ETFs listed on the German stock exchange.

In other recent news, Amundi ETF last week significantly enlarged its offerings on the Italian stock exchange with the listing of 15 new ETFS.

The Amundi ETF product range is available on the NYSE Euronext Paris, Borsa Italiana, Deutsche Börse and SIX Swiss Exchange.

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