Amundi MSCI EMU ESG Leaders Select UCITS ETF DR - EUR (C)

Issuer: Amundi ETF

Asset Class: Equity

TER: 25bps

Trading Currency: GBX

Pays Income: False

Listing Date: 14 Feb 2018

Ticker: CMU

ISIN: LU1602144575

This investment offers exposure to large and mid-capitalisation companies within the European Monetary Union (EMU), specifically targeting firms with strong Environmental, Social, and Governance (ESG) profiles. The strategy is designed for investors looking to align their portfolios with sustainability principles while capturing the growth potential of the Eurozone equity market. By employing a "best-in-class" approach, the underlying portfolio is constructed by selecting companies that lead their respective sectors in ESG performance. This involves a rigorous screening process that filters out companies involved in controversial activities or those with poor ESG track records, focusing instead on those demonstrating robust environmental stewardship, positive social impact, and high standards of corporate governance.

The fund provides a core holding for a European equity allocation, but with an explicit ESG tilt. This approach may appeal to investors who believe that companies with strong sustainability practices are better positioned for long-term resilience and performance, potentially offering improved risk-adjusted returns over time. The strategy's focus on the EMU region offers direct exposure to a developed market bloc with a strong regulatory push towards sustainability. By reinvesting dividends, the fund aims to compound returns over the long term, making it suitable for investors with a growth-oriented, long-term investment horizon who wish to integrate responsible investing into their strategy without sacrificing broad market exposure to the Eurozone.