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  • 2010/06/16
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Amundi launches three new products, one of which tracks the S&P 500® index

Paris, 16th June 2010

Amundi launches three new products, one of which tracks the S&P 500® index

Amundi ETF is pursuing its development by listing three new products tracking the S&P 500®, the NASDAQ-100® and the FTSE MIB® on NYSE Euronext in Paris.

  • The ETF tracking the S&P 500® offers European investors access in Euros to this index composed of the 500 largest stocks on the US market. With a TER (Total Expense Ratio) of only 0.15% the Amundi ETF tracking this flagship US index is offered at the lowest cost on the market.*
  • The ETF tracking the NASDAQ-100® Index enables investors to benefit from an exposure, through a single transaction, to the 100 Non-Financial stocks listed on the NASDAQ® including technological, Internet and IT stocks.
  • The ETF tracking the FTSE MIB® Index offers a diversified exposure to the 40 leading stocks on the Italian market through a single transaction.

These three listings reinforce the equity offering of Amundi ETF which now comprises a total of 82 products. Amundi ETF ranks 4th in Europe in terms of net new money collected since the beginning of the year, reinforcing its development strategy.**

Valérie Baudson, Managing Director of Amundi ETF comments, “The ETF tracking the S&P 500® is a must have investment vehicle for European investors seeking a simple way of accessing the US equity market. Amundi ETF offers this product at the lowest cost on the market.”*

Thierry Ancona, Head of Sales Continental Europe CA Cheuvreux comments: “The launch of these three new ETFs confirms the ambition of the Crédit Agricole group to increase its presence on an ETF market experiencing strong growth. The position of CA Cheuvreux on NYSE Euronext in Paris and alongside international institutional investors are additional assets that contribute to our strategy.”

Scott Ebner, Senior Vice President, Exchange Traded Products at NYSE Euronext declares:
“We are very happy to welcome these three new products from the Amundi ETF range on NYSE Euronext in Paris. NYSE Euronext’s offer in terms of ETF is increasingly diversified with a growing interest from investors.”
Further information about Amundi ETF can be found on the amundietf.com website.

*At the time of launch of the fund. Average AUM weighted TER of European peer group.
** at the end of May 2010 – source Amundi IS and Deutsche Bank report.

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