Amundi STOXX Europe 600 Basic Materials UCITS ETF Acc

What this fund is

Amundi STOXX Europe 600 Basic Materials UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker 1693491D (ISIN LU1834983634). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. At its core it is a focused, thematic fund: it concentrates on the materials part of the market, so it lives or dies by that one area rather than the economy as a whole. Underneath, 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. It follows the STOXX Europe 600 Industry Basic Materials 30-15 EUR Net Return index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include AIR LIQUIDE SA, RIO TINTO PLC (GBR) and GLENCORE PLC GBP.

Its biggest country exposures are ~37.9% United Kingdom, ~23.9% France and ~14.3% Germany. Its heaviest sectors are ~94.9% Materials and ~3.2% Industrials. A focused fund like this is typically held as a smaller 'satellite' position around a broader core — a way to lean into one theme, not usually a portfolio's only holding. Its ongoing charge (TER) is 0.3% a year — about €30 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 18.1% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2024. 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.)