Amundi MSCI Europe ESG Broad Transition UCITS ETF DR - EUR (D)

What this fund is

Amundi MSCI Europe ESG Broad Transition UCITS ETF DR - EUR (D) is an exchange-traded fund (ETF) from Amundi, traded under the ticker CEUE (ISIN LU2678230652). 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. Rather than a manager picking stocks, it simply replicates the MSCI Europe ESG Broad CTB Select Index index — the passive, low-cost approach, and its largest holdings include ASML HOLDING NV, HSBC HOLDINGS PLC and NOVARTIS AG-REG. With about 379 holdings (the ten largest ≈ 21.8%), your money is diversified rather than concentrated in a handful of names.

By geography it is weighted towards ~21.1% United Kingdom, ~14.8% Switzerland and ~14.4% France. By industry it concentrates most in ~25.8% Financials and ~18.7% Industrials. Funds like this are commonly chosen by investors who want a regular cash income stream rather than reinvesting everything for growth. Its ongoing charge (TER) is 0.12% a year — about €12 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 2.25% (its trailing yield).

It holds the underlying investments directly (physical 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 13.4% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2023. 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.)