Amundi MSCI New Energy UCITS ETF Dist

What this fund is

Amundi MSCI New Energy UCITS ETF Dist is an exchange-traded fund (ETF) from Amundi, traded under the ticker NRJL (ISIN FR0010524777). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread broadly across markets worldwide. Rather than a manager picking stocks, it simply replicates the MSCI ACWI IMI New Energy Filtered index — the passive, low-cost approach, and its largest holdings include MURATA MANUFACT CO LTD JPY50, GE VERNOVA INC and IBERDROLA SA. With about 96 holdings (the ten largest ≈ 63.7%), your money is diversified rather than concentrated in a handful of names.

By geography it is weighted towards ~34.8% United States, ~16% Japan and ~10.3% Spain. Its heaviest sectors are ~37.7% Industrials and ~34.4% Utilities. Funds like this are commonly chosen by investors who want a regular cash income stream rather than reinvesting everything for growth. Its ongoing charge (TER) is 0.6% a year — about €60 a year on a €10,000 holding, taken automatically from the fund. It is a distributing share class — dividends are paid to you as cash rather than reinvested.

It holds the underlying investments directly (physical replication); it is domiciled in France and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR. Its price has swung about 24.3% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2019. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Amundi.)