Description

This Amundi exchange-traded fund (ETF), known as the AMUNDI EURO STOXX 50 II UCITS ETF USD Hedged Acc, adheres to European UCITS investment standards. Its core objective is to replicate the performance of the EURO STOXX 50 Net Return EUR benchmark index, while simultaneously neutralizing the impact of daily currency fluctuations between the Euro and the US Dollar. A key benefit of its USD-hedged share class is the integration of a straightforward daily currency hedging mechanism directly within the product, streamlining the management of foreign exchange risk. The underlying EURO STOXX 50 Net Return EUR index serves as the premier blue-chip benchmark for the Eurozone. It comprises 50 leading blue-chip companies from over 12 Eurozone nations, representing key supersectors. This index captures approximately 60% of the free-float market capitalization of the broader EURO STOXX Total Market Index (TMI), which itself encompasses roughly 95% of the free-float market capitalization within its represented countries. For additional information, please visit www.stoxx.com.