Amundi ETFs undergo name and index changes in May and June

LUXEMBOURG - Amundi Index Solutions has announced a series of name and index changes for several of its exchange-traded funds (ETFs), set to take effect starting May 1, 2025, and continuing through June 2, 2025. The updates will align the funds more closely with environmental, social, and governance (ESG) criteria by adopting new index benchmarks focused on ESG factors.

The changes will impact funds with exposure to various markets, including European and US corporate bonds, high yield bonds, and geographical regions like China and emerging markets excluding China. The adjustments will also affect funds tracking the MSCI USA and EMU ESG indices.

For example, the Amundi EUR High Yield Corporate Bond ESG UCITS ETF Dist (LSE:YIEL LN) will transition from tracking the Bloomberg MSCI Euro Corporate High Yield SRI Sustainable Index to the Bloomberg MSCI ESG Euro Corporate High Yield Select Index, effective May 1, 2025. Similarly, the Amundi MSCI China ESG Leaders Select UCITS ETF DR (C) (LSE:CNEU LN) will shift to the MSCI China ESG Selection P-Series 5% Issuer Capped Index on June 2, 2025.

The full list of affected funds includes those trading under the tickers YIEL, GCSG, EAHG, ECRP, UCRP, UHYC, UHYG, USHY, CNEU, CNEG, EMXU, EMXG, CMU, CU2U, and CU2G. Each fund’s new name reflects its updated investment focus, with ESG considerations now explicitly incorporated into the fund titles and underlying index methodologies.

The move by Amundi Index Solutions is part of a broader trend in the investment community towards integrating ESG factors into financial products. Investors are increasingly seeking opportunities that align with their values while aiming to mitigate risks associated with environmental and social issues.

These updates are expected to be implemented seamlessly, with no action required from current investors in the funds. The changes are anticipated to enhance the ESG profiles of the ETFs while maintaining their core investment objectives.

The information regarding these updates is based on a press release statement from Amundi Index Solutions.

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