Description

The Amundi STOXX Europe 600 Banks UCITS ETF Acc is designed to closely track the performance of the STOXX Europe 600 Banks Net Total Return Index, which is priced in euros, irrespective of market movements. Its goal is to achieve this while keeping the "Tracking Error" – defined as the disparity between the fund's returns and the benchmark index's returns – to a minimum. Under standard market conditions, this Tracking Error is projected to be 1%. Comprehensive details are available in the fund's prospectus or Key Information Document (KID).