Amundi MSCI Europe Value Factor UCITS ETF - EUR (C)

What this fund is

Amundi MSCI Europe Value Factor UCITS ETF - EUR (C) is an exchange-traded fund (ETF) from Amundi, traded under the ticker CV9 (ISIN LU1681042518). 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, focused on the European market. It follows the MSCI Europe Daily Value EUR TR Net EUR index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include HSBC HOLDINGS PLC, NESTLE SA-REG and SHELL PLC GBP. Its biggest country exposures are ~24.5% United Kingdom, ~15.8% France and ~14.9% Switzerland.

Its heaviest sectors are ~40.4% Financials and ~13.2% 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 11.5% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2018. 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.)