Amundi MSCI Eastern Europe Ex Russia UCITS ETF Dist

What this fund is

Amundi MSCI Eastern Europe Ex Russia UCITS ETF Dist is an exchange-traded fund (ETF) from Amundi, traded under the ticker EASD (ISIN LU2090063160). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. At its core it is a focused, thematic fund: it concentrates on the financials 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 passively tracks the MSCI EM Eastern Europe ex Russia Net Total Return EUR Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include OTP BANK PLC, PKO BANK POLSKI and ORLEN SA.

Its biggest country exposures are ~69.5% Poland, ~23.4% Hungary and ~7.1% Czech Republic. By industry it concentrates most in ~54.3% Financials and ~13.8% Energy. 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 0.5% a year — about €50 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is paid out to you as cash (a distributing share class), and over the last year it paid out roughly 5.43% (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 19.6% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2020. 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.)