Amundi to licence Solactive Flagship Equity and Fixed Income Indices
Solactive is pleased to announce that Amundi, Europe’s largest asset management company with a total of € 1.425 tn in AuM, appointed Solactive as their index provider for the launch of their new ETF range, labeled “Amundi Prime ETF”. The new series contains nine Equity and Fixed Income ETFs, all utilizing Solactive indices as their underlying, and captivates with a progressive low-fee approach featuring just 0.05 percent of ongoing charges, corroborating the seismic shift in the ETF industry towards offering low-cost alternatives.
“This has been a very huge project for us, and we feel honored to act as Amundi’s index provider of choice for this groundbreaking new range,” comments Steffen Scheuble, CEO of Solactive. “The development of the ETF series displays Amundi’s and Solactive’s kindred entrepreneurial spirit, always pushing boundaries to provide agile and disruptive products and services while adapting quickly to ever-evolving market conditions.”
The Equity range of Amundi’s Prime series includes four ETFs based on Solactive’s flagship pure-beta offering, the Solactive Global Benchmark Series (GBS). The GBS indices cover large and mid-cap stocks of various regional markets in particular Developed Markets, Europe, USA, and Japan. A fifth equity ETF tracks the Solactive Euro 50 index, which includes the 50 largest Eurozone companies weighted by free-float market capitalization.
In terms of fixed income exposure, Amundi Prime’s Global Developed, Euro Govies, and US Treasury Bond ETFs track three sub-indices derived from the Solactive Global Government Bond Index Series, the Fixed Income sibling of Solactive Global Benchmark Series. A fourth Fixed Income Amundi Prime ETF tracks the performance of the Solactive Euro IG Corporate Index, allowing investors to gain exposure to investment grade Euro-denominated corporate bonds.
Fannie Wurtz, Head of Amundi ETF, Indexing and Smart Beta comments: “Amundi’s ETF product development strategy has always been based on our constant dialogue with clients who are increasingly looking to include ETFs in their investment solutions. We are happy to partner with Solactive for this launch and we, are confident that Amundi Prime ETF will meet investors’ needs for cost-efficiency, simplicity, and transparency.”
The following ETFs were listed on Xetra on March 12th, and on the London Stock Exchange (L.S.E) on March 14th:
| ETF Name | Listing codes | Exposure | Solactive Index | |
| Equity | ||||
| AMUNDI PRIME GLOBAL UCITS ETF DR | PR1W GY PRIW LN |
Large & mid-cap Global equities | Solactive GBS Developed Markets Large & Mid Cap USD Index NTR | |
| AMUNDI PRIME EUROZONE UCITS ETF DR | PR1Z GY PRIZ LN |
Largest Eurozone equities | Solactive Euro 50 Index NTR | |
| AMUNDI PRIME EUROPE UCITS ETF DR | PR1E GY PRIE LN |
Large & mid-cap European equities | Solactive GBS Developed Markets Europe Large & Mid Cap EUR Index NTR | |
| AMUNDI PRIME USA UCITS ETF DR | PR1U GY PRIU LN |
Large & mid-cap US equities | Solactive GBS United States Large & Mid Cap Index NTR | |
| AMUNDI PRIME JAPAN UCITS ETF DR | PR1J GY PRIJ LN |
Large & mid-cap Japanese equities | Solactive GBS Japan Large & Mid Cap Index NTR | |
| Fixed Income | ||||
| AMUNDI PRIME EURO CORPORATES UCITS ETF DR | PR1C GY PRIC LN |
Euro IG Corporate bonds | Solactive Euro IG Corporate Index | |
| AMUNDI PRIME GLOBAL GOVIES UCITS ETF DR | PR1G GY PRIG LN |
Global Developed govies | Solactive Global Developed Government Bond TR EUR Index | |
| AMUNDI PRIME EURO GOVIES UCITS ETF DR | PR1R GY PRIR LN |
Eurozone govies | Solactive Eurozone Government Bond Index TR | |
| AMUNDI PRIME US TREASURY UCITS ETF DR | PR1S GY PRIT LN |
US Treasury bonds | Solactive US Treasury Bond Index | |