Amundi Core S&P 500 Swap UCITS ETF CHF Hedged Dist

What this fund is

Amundi Core S&P 500 Swap UCITS ETF CHF Hedged Dist is an exchange-traded fund (ETF) from Amundi, traded under the ticker 0E4Y (ISIN LU1302703878). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. 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 across its target market. It follows the S&P 500 CHF Daily Hdg (Net TR) index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include NVIDIA CORP, APPLE INC and MICROSOFT CORP. Geographically it leans ~100% United States.

Its heaviest sectors are ~36.9% Information Technology and ~12.2% Financials. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.07% a year — about €7 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is paid out to you as cash (a distributing share class), and over the last year it paid out roughly 0.93% (its trailing yield). It tracks its index through a swap agreement rather than owning every holding (synthetic replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in CHF.

Its price has swung about 12.2% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2016. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Amundi.)