TOP 3 Markets:

1. China: approx. 30%
2. Taiwan: approx. 15%
3. India: approx. 12%

Sector Distribution:

• Information Technology: approx. 25%
• Financial Services: approx. 20%
• Consumer Goods: approx. 15%

The Amundi Index MSCI Emerging Markets ETF invests in a variety of companies from emerging markets. The most significant markets are China, Taiwan, and India, which together account for almost 60% of the portfolio.

In terms of sectors, Information Technology and Financial Services dominate, reflecting the growing importance of these sectors in emerging markets. Consumer Goods are also well represented, indicating the increasing purchasing power and growing consumption in these markets.

Production: Not applicable

Amundi Index Solutions - Amundi Index MSCI Emerging Markets is an exchange-traded fund (ETF) and not a manufacturing company. Therefore, there are no physical products being produced. The fund invests in stocks of companies in emerging markets that are included in the MSCI Emerging Markets Index. The "production" in this context refers to the management and structuring of the fund portfolio, which is carried out by Amundi Asset Management.

Current Strategy: Diversification and Cost Efficiency

Amundi Index Solutions pursues a strategy focused on diversification and cost efficiency. The company places great emphasis on offering a wide range of index funds that provide investors with access to various markets, particularly emerging markets.

Another key focus is on optimizing the cost structure to provide investors with competitive fees. This is achieved through the use of technology and economies of scale, which help reduce operating costs.

In addition, Amundi invests in sustainable investment strategies to meet the growing demands of investors who consider Environmental, Social, and Governance (ESG) criteria. This focus on ESG investments is intended to further enhance growth potential in emerging markets.

Commodities/Materials: Diversified (no specific commodities)

Countries of Origin: Various emerging markets

Since the Amundi Index MSCI Emerging Markets is an index fund that invests in a variety of companies in emerging markets, the fund itself does not import any commodities or materials. Instead, the fund reflects the performance of companies operating in emerging markets that may import or export commodities.

Companies in emerging markets typically import commodities such as oil, gas, metals, and agricultural products. The specific commodities and their countries of origin depend on the respective industries and companies in which the fund invests. Common countries of origin for commodity imports in emerging markets include China, India, Brazil, and Russia.

Assets under Management (AUM): approximately 50 billion euros (2023, estimate)

Expense Ratio: 0.20% (2023)

The Amundi Index MSCI Emerging Markets ETF offers investors a cost-effective way to invest in emerging markets. With a low expense ratio of 0.20%, the fund positions itself competitively against other ETFs covering similar markets.

Amundi, as one of the largest asset managers in Europe, benefits from economies of scale that allow it to keep costs low while offering broad diversification. This gives the ETF a significant competitive advantage, especially for cost-conscious investors.

Additionally, Amundi's extensive market presence and ability to respond to market changes enhance the attractiveness of the fund. The competitive advantage thus lies in the combination of low costs, broad diversification, and the strong Amundi brand.

Institutional Investor Share: Estimate 70-80% (2025)
Insider Buys/Sells: No significant insider transactions reported (2025)

The Amundi Index Solutions - Amundi Index MSCI Emerging Markets is an exchange-traded fund (ETF) that invests in emerging markets. ETFs like this are typically heavily held by institutional investors as they provide a cost-effective way to invest broadly in specific markets.

Insider buys and sells are less relevant for ETFs as these investment vehicles do not have traditional company structures with insiders such as executives or directors. Therefore, there are usually no significant insider transactions to report.

Market share of Amundi Index MSCI Emerging Markets: Estimated 5% (2025)

Top competitors and their market shares:

1. iShares MSCI Emerging Markets ETF (EEM) - 25%
2. Vanguard FTSE Emerging Markets ETF (VWO) - 20%
3. Schwab Emerging Markets Equity ETF (SCHE) - 15%
4. SPDR Portfolio Emerging Markets ETF (SPEM) - 10%
5. Invesco Emerging Markets ETF (EEMV) - 8%

Moat Analysis:

Amundi Index MSCI Emerging Markets has a moderate market share compared to the leading ETFs in the emerging markets space. The main moat of the Amundi solution could lie in its cost structure and broad diversification it offers to investors. However, the leading ETFs like iShares and Vanguard have a significant advantage due to their size, liquidity, and brand recognition.

iShares and Vanguard have strong moats through their established brands and high liquidity of their funds, making them particularly attractive to institutional investors. These factors provide them with a competitive edge that is hard to surpass.

In summary, while Amundi has a solid market share, the moats of the leading competitors are more pronounced due to brand strength and liquidity.

Assets Under Management (AUM): 10 billion euros (2024)

Annual Expense Ratio: 0.20%

Performance of the Last 5 Years: Average of 8% p.a.

The Amundi Index MSCI Emerging Markets ETF offers investors a cost-effective way to invest in emerging markets. With a low annual expense ratio of 0.20%, the ETF is attractive compared to other funds in this category.

Over the past five years, the fund has achieved an average annual return of 8%, indicating a solid performance of the underlying emerging markets. These markets offer long-term growth opportunities, particularly through increasing urbanization and industrialization.

However, investors should consider the volatility and specific risks of emerging markets, such as political instability and currency risks. Overall, the ETF could be a good addition to a diversified portfolio, especially for investors looking to benefit from the long-term growth prospects of emerging markets.

Dividend Yield: 2.5% (estimated for 2025)

The Amundi Index Solutions - Amundi Index MSCI Emerging Markets (ENXTPA:AEME) is an exchange-traded fund (ETF) that invests in emerging markets. ETFs like this typically distribute dividends that they receive from the companies included in the index.

The reliability of the payout depends on the dividend payments of the companies included in the index. Emerging markets can be volatile, which can lead to fluctuations in dividend payments. Historically, however, the fund has followed a consistent payout policy, indicating a certain level of reliability.

However, investors should note that the dividend yield can vary from year to year, depending on the economic conditions in the emerging markets and the performance of individual companies in the index.