With the lowest costs in the market*, you will love Europe with Amundi ETF

21/04/2017

Corporate

Improving macroeconomic indicators & attractive valuations: all signs point toward the European equity market picking up in 2017.

In 2016, political uncertainty led to significantly increased volatility in European equity markets. However, while there are still a few big elections to come in 2017, visibility is expected to improve in the short term.

The European Central Bank is maintaining its interventionist policy and European fundamentals are solid, with signs of improvement in employment and consumption. Given this context, European equity valuations are extremely low: for example, the P/E ratio1 on the MSCI Europe Index remained stable over the last three years, compared to a 25% increase for the P/E ratio on the MSCI USA Index over the same period. In our view, the gap between the two will likely shrink in the coming months.

This positive trend is already reflected in YTD flows: after a sharp drop in European equity inflows between January and November 2016 (redemptions recorded by ETFs exposed to European equities totalled -€11.5 billion2), the trend reversed at the end of the year and net inflows were once again positive from November 2016 onwards, with over € 5.1 billion recorded by end March 20172.

 

As the European leader in asset management3, Amundi offers the lowest cost MSCI Europe ETFs in the market with ongoing charges of 0.15%*, along with a range of solutions to get exposed to European or Euro zone equities:

AMUNDI ETF MSCI EUROPE UCITS ETF

AMUNDI ETF MSCI EUROPE UCITS ETF seeks to replicate as closely as possible the performance of the MSCI Europe Index, whether the trend is rising or falling. This ETF enables investors to benefit from an exposure to around 500 leading stocks in 15 European countries, in a single transaction, with ongoing charges of only 0.15%.

AMUNDI INDEX MSCI EUROPE UCITS ETF DR

AMUNDI INDEX MSCI EUROPE UCITS ETF DR seeks to replicate as closely as possible the performance of the MSCI Europe Index in physical replication, whether the trend is rising or falling. This ETF enables investors to benefit from an exposure to around 500 leading stocks in 15 European countries, in a single transaction.

AMUNDI ETF MSCI EMU UCITS ETF DR

AMUNDI ETF MSCI EMU UCITS ETF DR seeks to replicate as closely as possible the performance of the MSCI EMU Index, whether the trend is rising or falling. This ETF enables investors to benefit from an exposure to around 300 stocks in 10 countries of the European Economic and Monetary Union, in a single transaction.

AMUNDI ETF EURO STOXX 50 UCITS ETF DR

AMUNDI ETF EURO STOXX 50 UCITS ETF DR seeks to replicate as closely as possible the performance of the EURO STOXX 50® Index, whether the trend is rising or falling. This ETF enables investors to benefit from an exposure to the 50 leading stocks covering 12 countries in the Eurozone, in a single transaction. This ETF is available in several share classes (accumulation/distribution of dividends, currency hedging) and currencies

 

 
* At 19/04/2017, recurring fees of 0.15%, the lowest on the market. Source: Amundi ETF/Bloomberg - comparison to the average recurring fees charged by ETFs strictly tracking the same index, not including fees charged directly to investors by financial intermediaries. The comparison excludes any ETFs that track different European indexes. The ongoing fees indicated in the Key Investor Information Document represent the charges deducted from the fund over the course of one year. They are based on the data from the preceding year (or on estimates, in the case of funds which have yet to close their first annual accounts) and are subject to change. 
1 - P/E: Price-to-Earnings 
2 - Source: Bloomberg/Amundi ETF, Indexing & Smart Beta, March 2017.
3 - Amundi scope – No.1 in total assets under management of investment companies with their main headquarters in Europe - Source: IPE Top 400 asset managers published in June 2016, based on assets under management at 31 December 2015.