Amundi launches two funds focused on European equity markets
Amundi is offering investors two investment solutions to make the most of the recovery in European equity markets – Amundi Funds Equity Euroland Small Cap and Amundi Funds Equity Europe Minimum Variance, two Ucits IV-compliant sub-funds of the Luxembourg SICAV Amundi Funds.
The first enables investors to achieve long-term capital appreciation by investing at least 67 per cent of its assets in euro zone small caps and the second enables them to outperform the European equity market as reflected by the MSCI Europe index, while keeping volatility lower than the market average.
Beryl Bouvier di Nota, the fund manager of the Amundi Funds Equity Euroland Small Cap sub-fund, says: “The current environment is positive for equities and small caps are more likely to generate growth over the mid-term while valuation levels remain attractive. Furthermore, we expect to see a pick-up in M&A activity, which historically benefits small caps.”
With Amundi Funds Equity Europe Minimum Variance, the fund manager offers investors a product enabling them to benefit from the upside potential of European equity markets while limiting exposure to volatility. With an average of 17 years’ experience in equity management, the management team aims to outperform the European equity market (reflected by the MSCI Europe index) while keeping volatility lower than the market average.
Melchior Dechelette, the fund manager of the Amundi Funds Equity Europe Minimum Variance sub-fund, says: “When constructing the portfolio, we focus mainly on limiting risk and analysing company fundamentals. Thanks to this approach, the equity risk should have less impact on investors’ portfolios.”
The funds are managed by Amundi’s Paris-based equity teams.
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