Amundi MSCI Korea UCITS ETF Acc (LYKRW)

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https://oci-global.com

Amundi MSCI Korea UCITS ETF Acc is an exchange-traded fund (ETF) domiciled in Luxembourg and managed by Amundi Luxembourg S.A. as a sub-fund of MULTI UNITS LUXEMBOURG. It passively tracks the MSCI Korea 20/35 Net Total Return Index, a USD-denominated benchmark representing the Korean equity market with caps limiting the largest group entity to 35% and others to 20% to promote diversification. The ETF employs indirect replication through over-the-counter swap contracts, potentially supplemented by a diversified portfolio of international equities swapped against the index performance. Launched on 26 September 2006, it holds approximately 336 million Euros in assets under management and features a total expense ratio of 0.45% p.a., deducted continuously from fund assets. As an accumulating ETF, it reinvests all dividends and income, enhancing share price growth without distributions to investors. Currency unhedged and denominated in EUR, it exposes investors to South Korean market volatility while complying with UCITS regulations for retail accessibility. Classified with a medium-high risk rating of 5 out of 7, it suits those with basic investment knowledge seeking medium-term exposure to Korea's technology, manufacturing, and export-driven economy over a recommended 5-year horizon.