(JPX4) Amundi Index Solutions - Ratings and Ratios

Amundi Index Solutions - Amundi Index MSCI Japan SRI PAB UCITS ETF DR (C) EUR is an exchange-traded fund (ETF) that tracks the Morningstar Japan TME NR JPY index, providing exposure to Japanese large-cap equities with a blend style. The fund is domiciled in France and has a substantial Assets Under Management (AUM) of approximately €56.03 billion.

The ETFs investment strategy focuses on sustainable and responsible investing (SRI), adhering to the Paris-Aligned Benchmark (PAB) standards, which aim to achieve long-term climate objectives. By tracking the Morningstar Japan TME NR JPY index, the fund provides investors with a diversified portfolio of Japanese equities that meet specific environmental, social, and governance (ESG) criteria.

To evaluate the funds performance, key performance indicators (KPIs) such as tracking error, information ratio, and ESG scores can be considered. A low tracking error would indicate that the ETF is effectively replicating the underlying index, while a high information ratio would suggest that the fund is generating excess returns relative to its benchmark. Additionally, a high ESG score would reflect the funds commitment to sustainable investing and its alignment with the PAB standards.

From a technical analysis perspective, the ETFs price action can be monitored using indicators such as moving averages, relative strength index (RSI), and Bollinger Bands. For instance, the funds current price is below its 20-day and 50-day simple moving averages (SMA20 and SMA50), indicating a potential short-term downtrend. Furthermore, the average true range (ATR) of 0.39 represents a daily price volatility of 0.88%, which can be used to gauge the funds risk profile.