Amundi cuts charges on four emerging markets ETFs

Amundi has reduced the total expense ratios (TERs) on four global and regional emerging market exchange traded funds (ETFs) from 0.45% to 0.20%.

The reduction applies to the Amundi ETF MSCI Emerging Markets Ucits ETF, the Amundi ETF EM Asia Ucits ETF, the Amundi ETF EM Latin America Ucits ETF and the Amundi ETF MSCI Easter Europe ex Russia Ucits ETF.

“This fee reduction again demonstrates our willingness to constantly meet investors’ needs with quality products at low cost”, says Valérie Baudson, global head of ETF and indexing at Amundi.

The asset manager, which has nearly 800 billion of assets under management globally, says it has seen renewed interest from investors in emerging markets, particularly in April.

©2014 funds europe

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