Amundi unveils two ETFs in France

Amundi ETF is expanding its offering across Europe with the launch of two funds on NYSE Euronext Paris.

One of the funds provides investors with exposure to around 20 stocks in the European energy sector, by tracking the MSCI Europe Energy index.

The other funds replicates the EuroMTS AAA Government index, which comprises debt securities issued by eurozone members, with at least three ratings equivalent to triple A.

This product follows the recent launch of an ETF tracking the ex-AAA Government Bond EuroMTS index, completing the firm's fixed income range.

Amundi ETF managing director Valérie Baudson says: "We remain determined to continue developing our product range at competitive prices. This launch coincides with Amundi ETF reaching the €5bn mark in AUM, demonstrating the growing confidence of investors in our business model."

The Amundi ETF product range is available on NYSE Euronext Paris, Borsa Italiana, Deutsche Boerse and SIX Swiss Exchange.