{"id":44669,"date":"2015-09-14T00:10:00","date_gmt":"2015-09-13T22:10:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/innovation\/amundi-launches-innovative-buyback-themed-etf-the-first-to-track-the-msci-europe-weighed-buyback-yield-index\/"},"modified":"2015-09-14T00:10:00","modified_gmt":"2015-09-13T22:10:00","slug":"amundi-launches-innovative-buyback-themed-etf-the-first-to-track-the-msci-europe-weighed-buyback-yield-index","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/innovation\/amundi-launches-innovative-buyback-themed-etf-the-first-to-track-the-msci-europe-weighed-buyback-yield-index\/","title":{"rendered":"Amundi launches innovative buyback-themed ETF, the first to track the MSCI Europe Weighed Buyback Yield index"},"content":{"rendered":"<p>The ETF is designed for investors seeking to capture yield from the European equity market via a<br \/>\nreturn-oriented Smart Beta approach, by providing exposure to companies performing share<br \/>\nbuybacks, a method of distributing income to shareholders which is likely to grow in Europe.<\/p>\n<p><quote>Share buyback programs allow cash-rich companies to repurchase their own stocks. Already<br \/>\nwidely used in the US, they should become more popular for European companies as they<br \/>\nrepresent a more efficient use of cash in a low rate environment and give companies more<br \/>\nflexibility than dividend programs.<\/quote><\/p>\n<p>Moreover, buyback programs are compelling for investors as<br \/>\nthey can provide higher returns in a low rate environment.<\/p>\n<p>The MSCI Europe Equal Weighted Buyback Yield strategy index reflects the performance of<br \/>\nMSCI Europe securities that have performed buybacks in the previous 12 months[[12 months preceding the last index rebalancing]]\n. Moreover,<br \/>\nthis strategy index applies an equal weight methodology, thus increasing diversification and<br \/>\nproviding a purer exposure to the share buyback theme with a reduced bias.<\/p>\n<p>Amundi ETF is launching this new product in response to client demand, following the launch of<br \/>\nits US buyback ETF earlier this year, which prompted interest in a European version based on the<br \/>\nsame theme. The ETF has a TER[[TER: Total Expense Ratio or ongoing charges &#8211; annual, all taxes included. For Amundi ETF funds, the ongoing charges correspond to the Total Expense Ratio. The ongoing charges represent the charges taken from the fund over a year. When the<br \/>\nfund has not closed its accounts for the first time, the ongoing charges are estimated. The TER is a measure that compares the<br \/>\nannual total management and operating costs (all taxes included) charged to a fund against the value of that fund&#8217;s assets.]]\n of 0,30% and will be made available in Paris and<br \/>\nsubsequently the major European exchanges.<\/p>\n<p>Valerie Baudson, CEO at Amundi ETF, Indexing and Smart Beta, said: <em>\u201cThis innovative ETF adds<br \/>\nto our broad mono and multi Smart Beta range and reinforces the positioning of Amundi as a<br \/>\nleading innovative player in the European ETF market.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amundi ETF announces the launch of the first ETF in Europe leveraging<br \/>\nthe theme of European share buybacks, by tracking the MSCI Europe Equal Weighted Buyback Yield strategy index. The launch represents another innovative expansion of Amundi ETF\u2019s European equity Smart Beta range. <\/p>\n","protected":false},"author":20,"featured_media":44667,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1471],"tags":[1655,1718,1651,1711,1437,1691,1686,2234,1720,1952,2118],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/44669"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=44669"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/44669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/44667"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=44669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=44669"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=44669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}