Amundi MSCI EMU Value Factor UCITS ETF Dist (VAL)

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https://www.valirx.com

The Amundi MSCI EMU Value Factor UCITS ETF Dist is an equity exchange-traded fund designed to replicate the performance of the MSCI EMU Value Index, which represents large and mid-cap stocks from countries within the Economic and Monetary Union (EMU) of the European Union exhibiting strong value characteristics. The fund employs a physical replication strategy and is passively managed, closely mirroring the index’s sector and geographical exposures. The underlying index selects constituents based on key value factors: high book value to price, robust forward earnings to price, and strong dividend yield, promoting exposure to traditionally undervalued companies within the developed Eurozone markets. This ETF distributes dividends annually and is structured as a Luxembourg SICAV, denominated in euros. With assets under management exceeding 200 million euros, it holds a diversified portfolio across sectors prominent in the Eurozone economy, including financials, energy, and industrials. Its total expense ratio is 0.40% per annum, and it targets investors seeking systematic exposure to value stocks without currency hedging. The fund plays a significant role for those aiming to balance portfolios with the value style and diversified euro area exposure.