Amundi MSCI Europe High Dividend Factor UCITS ETF - EUR (C)

What this fund is

Amundi MSCI Europe High Dividend Factor UCITS ETF - EUR (C) is an exchange-traded fund (ETF) from Amundi, traded under the ticker CD9 (ISIN LU1681041973). 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 High Dividend Yield Net Return EUR Index index — the passive, low-cost approach, and its largest holdings include NOVO NORDISK A/S-B, ALLIANZ SE-REG and NOVARTIS AG-REG. Its biggest country exposures are ~24.7% Switzerland, ~23.9% United Kingdom and ~16.3% France.

Its heaviest sectors are ~26.1% Financials and ~23.6% Consumer Staples. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. Its ongoing charge (TER) is 0.23% a year — about €23 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything. 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 EUR.

Its price has swung about 10.4% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2018. 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.)