(CODW) Amundi S&P Global Consumer - Ratings and Ratios

The Amundi S&P Global Consumer Discretionary ESG UCITS ETF DR EUR Acc is an exchange-traded fund (ETF) that tracks a custom index comprising 50% MSCI World Consumer Discretionary and 50% MSCI World Consumer Staples. This blend allows the fund to balance exposure between discretionary and staple consumer goods, potentially smoothing out sector-specific volatility.

As a Sector Equity Consumer Goods & Services ETF, it provides investors with targeted exposure to the global consumer discretionary sector, incorporating Environmental, Social, and Governance (ESG) criteria. The funds ESG focus means it likely excludes companies with poor ESG track records, potentially reducing exposure to companies with higher ESG risks.

Key Performance Indicators (KPIs) to monitor for this ETF include its tracking error relative to its underlying index, expense ratio, and the average market capitalization of its holdings. Given its AUM of €249.49M, its considered a moderately sized fund, potentially offering a balance between liquidity and investment flexibility. Its relatively modest size might also indicate a more focused or niche investment strategy.

To further analyze this ETF, one could examine its sector allocation, geographic distribution, and the specific ESG criteria used in its construction. Understanding the funds holdings and their respective weights can provide insights into its potential performance under various economic scenarios. For instance, if the fund has a significant allocation to companies in the technology or e-commerce sectors within consumer discretionary, it might be more sensitive to shifts in consumer behavior and technological advancements.

Investors should also consider the funds dividend yield, turnover rate, and how it compares to its peers in the Sector Equity Consumer Goods & Services category. These metrics can offer a more nuanced view of the funds potential for income generation, its investment strategys activeness, and its relative attractiveness compared to similar investment products.