Amundi MSCI Europe Growth UCITS ETF Dist

What this fund is

Amundi MSCI Europe Growth UCITS ETF Dist is an exchange-traded fund (ETF) from Amundi, traded under the ticker 0E76 (ISIN LU1598688189). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one 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, focused on the European market. Rather than a manager picking stocks, it simply replicates the MSCI Europe Growth Daily EUR TR Net EUR index — the passive, low-cost approach, and its largest holdings include ASML HOLDING NV, ASTRAZENECA GBP and SCHNEIDER ELECT SE. Spread across roughly 227 holdings (the ten largest ≈ 31.8%), no one position makes or breaks the fund.

Geographically it leans ~19.7% United Kingdom, ~14.7% France and ~14.6% Switzerland. By industry it concentrates most in ~31.5% Industrials and ~16.9% Information Technology. 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 0.35% a year — about €35 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 1.62% (its trailing yield).

It holds the underlying investments directly (physical replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR. Its price has swung about 15.9% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2024. 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.)