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  • 2010/12/08
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Amundi ETF launches two new products on NYSE Euronext Paris tracking emerging market equities and bonds

Amundi ETF continues to enhance its product range with the listing of two new products tracking emerging market equity and bond indices on NYSE Euronext Paris.

Emerging markets span more than 30 countries across four regions (Asia, Latin America, Emerging Europe and Africa). Over the last few years, these economies have experienced higher growth than developed countries, including during crisis periods, whilst showing increasingly strong fundamentals (improved balance sheets, reduction in default risk…). Exposure to emerging equity and bond markets is becoming essential for many investors as demonstrated by the 10 billion US dollars of net inflows registered since the beginning of the year1.

In line with its competitive pricing policy, Amundi ETF launches two products with a TER significantly lower than similar competitor products2:

  • An ETF tracking the MSCI Emerging Markets Index®

This ETF seeks to replicate the performance of the MSCI Emerging Markets Index whether the trend is rising or falling. This index, considered as a flagship benchmark for many investors, allows exposure to around 20 emerging countries and covers approximately 85% of the market capitalisation in each country.This product is offered with a TER of only 0.45% vs an average of 0.69% for similar competitor products2.

  • An ETF tracking the Markit iBoxx USD Liquid Emerging Markets Sovereigns Index®

This ETF aims to replicate the Markit iBoxx USD Liquid Emerging Markets Sovereigns Index, whether the trend is rising or falling. This index comprises US denominated debt securities, from around 20 emerging countries with a minimum rating of CCC (or equivalent by S&P, Moody’s or Fitch).The choice of this brand new index3 derives essentially from the many advantages associated with the strict construction rules which aim to ensure good diversification and a high level of liquidity, whilst representing the emerging bond universe.This product is offered with a TER of only 0.30% vs an average of 0.48% for similar competitor products2.

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Valérie Baudson, Managing Director of Amundi ETF states: “With this launch, we are enhancing our emerging market offering which already covers China, India, Brazil and Eastern Europe. Within the Amundi ETF range, investors now have access to two essential exposures for their portfolio allocation at competitive prices.”

Thierry Ancona, Head of Client Global Coverage, Executive Vice President, CA Cheuvreux, comments: “Amundi ETF has extended its range to 93 ETFs with two new products and confirms its aspirations for further development. CA Cheuvreux can now offer its clients access to markets which have become crucial for many investors.”

The Amundi ETF product range is available on NYSE Euronext, Borsa Italiana, Deutsche Börse and SIX Swiss Exchange and is distributed by dedicated sales teams at Amundi and CA Cheuvreux.
Further information about Amundi ETF can be found on the amundietf.com website.

1 Source: Bloomberg and Global Market Research Deutsche Bank report at end November 2010
2 Source: Amundi IS – as of 07/12/2010 based on TERs (Total Expense Ratio) of European competing products with an identical or similar index at fund launch.
3 At launch date

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