Description

This Amundi exchange-traded fund, adhering to UCITS regulations, aims to replicate the performance of its designated benchmark, the FAZ Index. The FAZ Index is market capitalization-weighted, encompassing the 100 largest German publicly traded companies, also ranked by market value, whose shares are listed on the Deutsche Börse. For inclusion, a company must possess a market capitalization of no less than €250 million, and no single constituent can represent more than ten percent of the index's total weighting. The index's foundational value was established at 100 points, reflecting the stock market level on December 31st, 1958. Frankfurter Allgemeine Zeitung has been responsible for its calculation since September 4th, 1961.