Amundi S&P Global Luxury

ETF description

This ETF is designed to give investors exposure to a global selection of companies involved in the luxury goods and services sector. It focuses on businesses that are known for producing high‑end products or providing premium services, such as luxury fashion brands, high‑end automobiles, and exclusive lifestyle products. By investing in this ETF, you gain access to companies that cater to wealthy consumers and often benefit from rising disposable income in developed and emerging markets.

This ETF may appeal to investors who are interested in the consumer discretionary sector, particularly those who want to focus on the luxury market.

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 S&P Global Luxury index and it enables investors to benefit from an exposure to around 80 major luxury‑related securities in the world.