Amundi, Europe’s leading asset manager, and Euronext, the leading European capital market infrastructure, partner to launch the Amundi European Strategic Autonomy UCITS ETF. This innovative ETF offers investors a unique opportunity to support and finance a portfolio of European companies that play a vital role in strengthening Europe’s strategic autonomy.
The Amundi European Strategic Autonomy UCITS ETF is the first ETF that will invest in companies across ten key themes essential to European sovereignty and resilience —Energy, Power Grid & Equipment, Infrastructure, Logistics, Food Security, Pharma & Chemicals, Software, Semiconductors, Financials, and Aerospace & Defence. It replicates the Euronext European Strategic Autonomy index, which selects firms with meaningful revenue exposure to these themes and applies equal weighting across them to ensure diversified and balanced exposure.
The Amundi European Strategic Autonomy UCITS ETF will be listed in the coming weeks on Euronext Paris, and launched with a minimum subscription of 5 euros making it accessible to a wide audience of investors. This fund will be eligible for the French PEA scheme reflecting its strong European focus.
Financing Europe’s strategic autonomy is a priority supported by numerous European and national public initiatives, but it also requires a significant increase in private investment. This new ETF leverages the combined expertise of two leading European financial institutions committed to channeling significant savings into strengthening the continent’s economic sovereignty. This launch complements Amundi’s broad range of European equity ETFs — which represent over €65 billion of AuM —Amundi being the leading ETF provider in Europe.
Benoit Sorel, Global Head of ETF & Indexing at Amundi, commented: “Amundi is committed to developing investment solutions that empower clients to support Europe’s strategic autonomy and benefit from Europe’s strategic initiatives in the years to come. In a world marked by persistent geopolitical risks and more regionalisation, we are glad to create, together with another recognized European financial player, a new efficient solution to invest in companies that are essential to build a resilient and autonomous Europe.”
Aurélien Narminio, Head of Indices, ETFs & Securitised Derivatives at Euronext, declared: “As a leading index provider, Euronext is ideally positioned to facilitate capital deployment into European companies that reinforce Europe’s strategic autonomy. We welcome Amundi’s launch of this ETF that replicates the Euronext European Strategic Autonomy Index, and will channel capital to support the companies most critical to Europe’s strategic autonomy.”
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