Amundi MSCI Millennials ESG Screened UCITS ETF Acc

Issuer: Amundi ETF

Asset Class: Equity

TER: 45bps

Trading Currency: GBP

Pays Income: False

Listing Date: 30 Apr 2020

Ticker: MILL

ISIN: LU2023678449

This investment product provides targeted exposure to the economic power of the Millennial generation, a demographic group currently in its prime earning and spending years. The investment strategy is centered on the premise that the unique consumption habits, lifestyle choices, and values of Millennials are driving significant long-term structural shifts across various industries. By investing in a portfolio of global companies poised to benefit from these trends, the fund aims to capture growth potential tied to the evolving consumer landscape. The underlying portfolio is designed to reflect the spending patterns of this generation, offering a focused approach to a powerful demographic megatrend.

The portfolio's holdings are diversified across sectors that are central to the Millennial lifestyle. This includes companies in areas such as e-commerce and online services, social media and entertainment, health and wellness, travel and leisure, and the sharing economy. These are businesses whose products and services are deeply integrated into the daily lives of consumers born between the early 1980s and mid-1990s. The investment theme taps into this generation's preference for digital experiences, brand authenticity, and convenience, providing exposure to innovative companies that are effectively catering to these demands.

Furthermore, the investment incorporates an Environmental, Social, and Governance (ESG) filter in its selection process. This aligns the portfolio with the increasing demand for sustainable and responsible investing, a value often prioritized by the Millennial cohort. By excluding companies involved in controversial activities and focusing on those with stronger ESG profiles, the strategy offers a dual focus: tapping into a key demographic trend while adhering to principles of sustainability. This makes it a compelling option for those looking to invest in companies that are not only shaping the future economy but are also doing so responsibly.