(MIVB) Amundi Index Solutions - Ratings and Ratios

Amundi Index Solutions - Amundi MSCI Europe SRI PAB UCITS ETF DR C (XETRA:MIVB) is designed to replicate the performance of the MSCI Europe SRI 5% Issuer Capped Index, a benchmark that tracks the performance of European companies with high Environmental, Social, and Governance (ESG) ratings. The fund aims to minimize the tracking error between its net asset value and the indexs performance, providing investors with a diversified exposure to European large-cap companies that meet stringent ESG criteria.

The fund is part of the Amundi Index Solutions range, a family of ETFs and index funds managed by Amundi, a leading European asset manager. With a strong focus on ESG investing, this fund is suitable for investors seeking to align their investments with their values while maintaining a diversified portfolio. The MSCI Europe SRI 5% Issuer Capped Index is a widely recognized benchmark for ESG-conscious investors, and this fund provides a cost-effective way to gain exposure to it.

Analyzing the , we observe that the funds last price is €86.74, with a 20-day Simple Moving Average (SMA) of €86.98, indicating a slight downward trend. The 50-day SMA and 200-day SMA are €84.00 and €84.77, respectively, suggesting a longer-term uptrend. The Average True Range (ATR) is 0.75, equivalent to 0.87%, indicating moderate volatility. Given these technical indicators, we can anticipate a potential short-term correction, followed by a continuation of the long-term uptrend.

Combining the with the , we note that the funds Assets Under Management (AUM) stand at €2,103.34 million, indicating a significant investor base and liquidity. Considering the funds ESG focus and the growing demand for sustainable investments, we forecast a continued inflow of capital into the fund. Based on the technical indicators and fundamental data, we expect the funds price to stabilize around €86-87 in the short term and potentially reach €90 in the next 6-12 months, driven by the long-term uptrend and increasing demand for ESG investments.