Amundi MSCI Water ESG Screened

ETF description

This ETF focuses on companies involved in the global water industry, including areas such as water utilities, infrastructure, and technologies that contribute to efficient water management. It specifically selects companies that meet environmental, social, and governance (ESG) criteria, excluding those that do not align with certain sustainability principles. The fund’s aim is to provide exposure to the growing demand for water‑related services and technologies while adhering to ethical investment standards.

The fund might appeal to investors interested in thematic investing, particularly those looking to address challenges related to water scarcity and sustainable water management. It could also attract individuals focused on ESG considerations, as the companies included are screened for compliance with specific ethical and sustainability benchmarks.

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 index aims to represent the performance of stocks whose activities are related to water, such as water distribution, utilities and the supply of water‑related equipment and water treatment. The index is based on a 'best‑in‑class' ESG approach, meaning that companies in the bottom quartile by sector‑adjusted ESG score are excluded from the theme universe. Companies exposed to controversialbusinesses, those who are the subject of severe ESG controversy or those who are in violation of the UN Global Compact are also excluded