Amundi MSCI EMU Value Factor UCITS ETF Dist

What this fund is

Amundi MSCI EMU Value Factor UCITS ETF Dist is an exchange-traded fund (ETF) from Amundi, traded under the ticker 0E78 (ISIN LU1598690169). 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, spread across its target market. It passively tracks the MSCI EMU Value Net Return EUR Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include ALLIANZ SE-REG, SIEMENS AG-REG and TOTALENERGIES SE PARIS. It holds around 143 positions (the ten largest ≈ 34.1%), spreading risk so no single holding decides your outcome.

Its biggest country exposures are ~28.3% France, ~24.5% Germany and ~14.9% Spain. Its heaviest sectors are ~44.5% Financials and ~11.3% 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 0.4% a year — about €40 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, and over the last year it paid out roughly 2.9% (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 13.2% 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.)