Amundi launches S&P 500 ETF

The ETF based on the S&P 500 provides European investors with access in euros to the 500 largest US stocks. The product issuer says its fund offers the lowest cost compared to other ETFs, with a total expense ratio of 0.15%. Amundi ETF managing director Valérie Baudson says: "The ETF tracking the S&P 500 is a must have investment vehicle for European investors seeking a simple way of accessing the US equity market." The issuer has also unveiled an ETF tracking the Nasdaq 100 index, providing exposure to the 100 non-financial stocks listed on the Nasdaq exchange, including technolog...