Amundi PEA S&P 500 UCITS ETF Acc (PSP5)

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Amundi PEA S&P 500 UCITS ETF Acc is an exchange-traded fund structured as a French FCP, launched on May 20, 2014, and managed by Amundi Asset Management. It employs a synthetic replication method using derivatives like swaps to track the S&P 500 Net Total Return Index, which benchmarks the performance of 500 leading U.S. large-cap companies across sectors including technology services, electronic technology, finance, producer manufacturing, industrial services, and consumer durables. Designed specifically for France's Plan d'Épargne en Actions (PEA), a tax-advantaged savings plan, this accumulating ETF reinvests dividends to foster compounded growth rather than distributing them. With a low expense ratio of 0.15%, assets under management around 795-894 million EUR, and approximately 16.6 million shares outstanding, it provides European investors with efficient, unhedged exposure to the U.S. equity market's broad-based performance. Compliant with UCITS regulations, it emphasizes liquidity, transparency, and passive management to mirror the index's ups and downs closely.