Amundi lists distribution share CAC 40 ETF

The latest ETF comes in response to demand from the issuer's clients for a choice on dividend treatment.

There is a range of ways investors can gain exposure to the CAC 40 index. The ETF (C) offers access to the market by reinvesting net dividends daily.

The ETF (D) allows for the withdrawal of revenues once or several times a year, as ex-dividends.

There are also short and leveraged funds on offer, providing the daily inverse performance of the benchmark and double the daily movement of the index.

Amundi ETF director Valérie Baudson says: "So far investors had access to the C share of the fund where dividends are capitalized by their liquidation value.

"The creation of the D share will enable investors to benefit from the revenue distribution paid by the 40 largest stocks on the French market."

Amundi's ETFs are distributed by Amundi and CA Cheuvreux.

 

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