Amundi FTSE Italia PMI PIR 2020 UCITS ETF Acc (0XCK.IL)

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This Amundi exchange-traded fund (ETF) is designed to accurately mirror the performance of the Euro-denominated FTSE Italia PIR PMI Net Tax Index. Its objective is to track the index's movements as closely as possible, regardless of whether the market is experiencing an upturn or a downturn. A crucial aspect of its management is keeping the disparity between the fund's returns and the index's performance to a minimum. This potential divergence, referred to as tracking error, is capped at a maximum of 2% when comparing the fund's net asset value to the index. For more in-depth information, prospective investors should consult the fund's official prospectus or the Key Information Document (KID).