Amundi FTSE Epra Europe Real Estate UCITS ETF - EUR (D)

What this fund is

Amundi FTSE Epra Europe Real Estate UCITS ETF - EUR (D) is an exchange-traded fund (ETF) from Amundi, traded under the ticker LYMEH (ISIN LU1812091194). 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 listed property companies (REITs), which earn rent from buildings and usually pass much of it on to investors, focused on the European market. It follows the FTSE EPRA/NAREIT Developed Europe Net Return Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include VONOVIA SE, SEGRO PLC and UNIBAIL-RODAMCO-WESTFIELD /PARIS. Its biggest country exposures are ~29.5% United Kingdom, ~15.6% France and ~13.4% Germany.

By industry it concentrates most in ~99.8% Real Estate and ~0.2% Consumer Discretionary. It is typically held as a diversifier — a slice that behaves differently from mainstream shares — rather than as a portfolio's main engine. Its ongoing charge (TER) is 0.3% a year — about €30 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 6.87% (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 EUR.

Its price has swung about 16.2% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2022. 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.)