Amundi S.A.

The Amundi Global Electrification Infrastructure UCITS ETF (ISIN IE0004LE6CM5) bundles 96 companies expected to benefit from the multi‑billion expansion of power grids. The move is driven by an anticipated rise in annual grid investments to around USD 600 billion by 2030 due to AI data centers, electromobility and the energy transition. Major holdings include Quanta Services, TE Connectivity and ABB; the fund is accumulating, charges a 0.45% TER and has delivered slightly positive performance since launch. » Mais em finanzen.net

Amundi has launched the FTSE All World GDP-Weighted UCITS ETF, which weights countries by their GDP and thereby roughly halves the US share compared with standard ETFs. This raises the weights of China, India and Germany and relatively reduces the importance of the tech sector, while single-stock concentrations such as Nvidia shrink. Experts note drawbacks like higher fees (0.3% vs. 0.14% for large All-World funds), greater China exposure and mixed historical performance; some investors recommend alternatives such as several specialized ETFs or ex‑US strategies. » Mais em handelsblatt.com

Amundi has launched the first UCITS All-World ETF that weights countries by gross domestic product rather than by market capitalization. As a result, the US weight falls to 31.2% and China rises to 16.3%, increasing the allocation to Chinese names such as Tencent relative to US names like Microsoft. By sector, financials lead information technology, and the fund aims for broader global diversification in a changed geoeconomic environment. The ETF was launched in May 2026, manages USD 28 million, is physically replicated and charges a TER of 0.30% per year; investors, however, face higher China and emerging-market exposure as well as currency and liquidity risks. » Mais em finanzen.net

Amundi offers lifecycle ETFs that gradually reduce equity exposure toward a target year and use a FTSE Developed ESG Screened Select as the equity base. Academic analyses show that deterministic glide paths do not mathematically produce a higher expected terminal wealth than appropriately chosen constant-weight strategies and often cause higher volatility. Criticisms include the rigid rebalancing regardless of market conditions and the question of whether the prescribed glide path fits an individual’s life plan; for users with a clear end date, however, the convenience can still be attractive. » Mais em finanzen.net

Thomas Kruse, CIO of Amundi Germany, believes Europe is well positioned to catch up through industrial AI and productivity gains, even though large language models are dominated outside Europe. Amundi prefers corporate bonds to government bonds, is slightly overweight equities, and recommends a modest overweight for Europe with a focus on domestically oriented small- and mid-caps. The firm remains convinced about AI but cautious about concentration risks at hyperscalers and watches financing practices such as those used by Nvidia; emerging markets make up 5–10 percent of the portfolio. » Mais em handelsblatt.com