Amundi MSCI World Swap UCITS ETF EUR Dist (EWLD)

Profile

https://oci-global.com

The Amundi MSCI World Swap UCITS ETF EUR Dist is an exchange-traded fund that synthetically replicates the MSCI World Index, providing exposure to over 1,500 large- and mid-cap stocks from 23 developed markets worldwide. Launched on March 15, 2024, and domiciled in Luxembourg, it tracks the performance of the index through unfunded swaps with BNP Paribas as the counterparty, offering investors a cost-efficient way to access global equities without physical replication. With a total expense ratio of 0.38% and assets under management around 335-360 million euros, the ETF distributes dividends annually, with recent payouts of 0.21 euros and a forward yield of approximately 1.17%. Its portfolio reflects broad sector diversification, led by information technology at 28.21%, financial services at 16.07%, and industrials at 10.41%, alongside heavy geographic weighting toward the United States at 72.42%, Japan at 5.47%, and the United Kingdom at 3.51%. Denominated in euros without currency hedging, it serves as a vehicle for long-only equity strategies in international portfolios, emphasizing UCITS compliance and synthetic efficiency in the global ETF market.