Lyxor STOXX Europe 600 Healthcare

ETF description

This ETF focuses on investing in a diversified range of companies within the healthcare sector across Europe. By investing in this ETF, investors gain exposure to various healthcare‑related businesses, such as pharmaceuticals, biotechnology, medical equipment, and healthcare providers.

This type of investment may appeal to investors looking to diversify their portfolio with European healthcare stocks, potentially benefiting from the growth and stability often associated with this sector.

Issuer details

Amundi Asset Management is the largest asset manager in Europe, with over €2 trillion in assets under management as of June 2024. Amundi offers a comprehensive range of investment products, including ETFs, mutual funds, active management, and alternative investments, covering a wide array of market segments such as equities, fixed income, multi‑asset, alternatives, and ESG (Environmental, Social, Governance). Founded in 2010 through the merger of the asset management arms of Crédit Agricole and Société Générale, Amundi has a strong commitment to ESG investing and innovation, striving to deliver cost‑efficient solutions to its clients. With an extensive global presence, Amundi’s notable ETFs include the Amundi MSCI World UCITS ETF and the Amundi Prime Global UCITS ETF, highlighting its dedication to providing diversified and sustainable investment options.

Index details

The MSCI Europe Healthcare index offers targeted exposure to healthcare companies across Europe, encompassing a diverse range of firms within the healthcare sector. By focusing on businesses involved in pharmaceuticals, biotechnology, medical devices, and healthcare services, this index provides investors with a comprehensive view of the European healthcare landscape. Its sector‑specific focus makes it a valuable addition for portfolios seeking to capitalize on growth opportunities and innovations within the European healthcare market.