Description

The Amundi Pan Africa UCITS ETF - Acc is designed to mirror the performance of its reference index, the SGI Pan Africa Index EUR Net TR, adhering to UCITS standards. This underlying index gauges the financial returns of the 30 largest companies that are either listed in Africa or whose primary operations involve African assets. Its structure ensures equal weighting across three distinct geographical segments: South Africa; North Africa (encompassing Morocco and Egypt); and Sub-Saharan Africa (excluding South Africa), with individual constituent caps set at 10% to prevent overconcentration. Standard & Poor's is responsible for the calculation and dissemination of the SGI Pan Africa Index EUR Net TR, while Société Générale conducts a semi-annual review of its component stocks. Amundi's ETFs, generally, function as efficient, exchange-listed investment instruments, offering investors transparent, highly liquid, and cost-effective exposure to their respective benchmark indices.