By subscribing to AMUNDI ETF PEA MSCI EM LATIN AMERICA UCITS ETF – EUR, you are investing in a UCITS that is passively managed, the objective of which is to replicate, as closely as possible, the performance of the MSCI Emerging Markets Latam (“the Index”), whether the Index rises or falls. The euro-adjusted target for maximum tracking error between changes in the Fund’s net asset value and
that of the Index is 2%.
The USD-denominated Index with net dividends reinvested (the net dividends paid by equities comprising the index are included in the index calculation) is calculated and published by index provider MSCI.
You are exposed to the foreign exchange rate risk between the currencies in which the stocks of the Index are denominated and the currency of the Fund. However, you are not exposed to the exchange rate risk between the currency in which the Index is denominated and that of the Fund.
The equities that make up the MSCI Emerging Markets Latam Index are drawn from the leading securities traded in the major equity markets of Latin America’s emerging markets.
More information about the composition of the index and its operating rules are available in the prospectuse and at: msci.com.
The Index is available via Reuters (.dMILA00000NUS) and Bloomberg (NDUEEGFL).
To track the Index, the UCITS swaps the performance of the assets held by the Fund for that of the Index through a derivative contract or total return swap (a “TRS” derivative instrument) (swap-based replication of the Index). Through the Portfolio, you will be permanently invested at a level of at least 75% in stocks eligible for the Plan d’Epargne en Actions (PEA, tax wrapper reserved to residents in France).
he Fund’s net profit and net realised capital gains are reinvested or redistributed each year at the discretion of the Management Company.
You may resell your units during the trading hours of the various stock exchanges, provided that the Market Makers can maintain market liquidity.