Amundi MSCI World Health Care UCITS ETF USD Acc (HLTW)

Profile

https://oci-global.com

Amundi MSCI World Health Care UCITS ETF USD Acc is an exchange-traded fund managed by Amundi Asset Management SAS, domiciled in Luxembourg and launched on August 19, 2010. It provides investors with targeted exposure to the global healthcare sector by synthetically replicating the MSCI World Health Care Index - Net Total Return, which captures large- and mid-cap companies across developed markets worldwide. The ETF employs derivatives like swap agreements to track the index, focusing on firms in pharmaceuticals, biotechnology, medical equipment, and healthcare services, without distributing dividends as an accumulating vehicle that reinvests returns. With a low total expense ratio of 0.30% and assets under management around 651-776 million euros, it offers diversified access to this defensive sector known for stability amid economic cycles. Notable features include a beta of 0.34 indicating lower volatility and a portfolio of key holdings emphasizing healthcare innovation, underscoring its role in broadening equity allocations to essential global industries driving medical advancements and population health needs.