Amundi Italy MIB ESG UCITS ETF Acc (FMI.PA)

The AMUNDI ITALY MIB ESG UCITS ETF aims to accurately mirror the performance of the MIB ESG Index (Net Total Return Index), regardless of market direction. This exchange-traded fund provides investors with access to a concentrated portfolio of 40 leading Italian companies, distinguished by their robust Environmental, Social, and Governance (ESG) practices. These firms are selected from the 60 most liquid Italian entities listed on the Euronext Milan MTA and MIV markets. The fund applies exclusion filters commonly utilized by institutional and individual investors, specifically avoiding companies that breach UN Global Compact Principles or are engaged in sectors such as coal, controversial weapons, and tobacco. Additionally, the index is structured to achieve a lower weighted carbon intensity compared to its…