Amundi FTSE 100 UCITS ETF USD Hedged Acc

Issuer: Amundi ETF

Asset Class: Equity

TER: 30bps

Trading Currency: USD

Pays Income: False

Listing Date: 10 Nov 2017

Ticker: 100H

ISIN: LU1650492504

This investment product offers exposure to the 100 largest and most liquid blue-chip companies listed on the London Stock Exchange. It aims to replicate the performance of a key benchmark index for the UK equity market. The portfolio is diversified across various sectors, including financials, consumer staples, healthcare, energy, and materials, providing a broad snapshot of the UK's corporate landscape. The fund utilizes a synthetic replication method to achieve its investment objective, which can offer precise tracking of the underlying index.

This particular share class is designed specifically for investors whose primary currency is not the British Pound and who wish to mitigate the impact of currency fluctuations between the Pound and the US Dollar. By hedging the currency exposure, the fund seeks to deliver a return that more closely reflects the performance of the underlying UK stocks, rather than being influenced by foreign exchange movements. The accumulating nature of this share class means that any dividends received from the constituent companies are automatically reinvested back into the fund, fostering potential for compounded growth over the long term.

It is a core building block for investors seeking targeted exposure to the United Kingdom's developed market within a global portfolio. Its extremely low-cost structure makes it an efficient tool for gaining access to some of the world's most prominent multinational corporations. This product is suitable for those with a long-term investment horizon who are bullish on the prospects of the UK economy and its leading companies, but who want to neutralize the currency risk associated with holding assets denominated in British Pounds.