Amundi Stoxx Europe Defense UCITS ETF Acc

Issuer: Amundi

Asset Class: Equity

TER: 0.0035

Trading Currency: EUR

Pays Income: False

Listing Date: 12 May 2025

Ticker: DEFS_LN

ISIN: LU3038520774

The Amundi Stoxx Europe Defense UCITS ETF Acc aims to provide investors with exposure to the European defense industry by tracking the performance of the Stoxx Europe TMI Aerospace & Defense Index. This ETF invests in companies involved in aerospace, defense, and security services across Europe, offering investors a way to capitalize on the growth potential of this sector.

Investing in defense companies can provide diversification benefits as these companies tend to have low correlation with the broader market. Additionally, the defense industry is considered to be a defensive sector, meaning that demand for its products and services is relatively stable regardless of economic conditions.

The ETF allows investors to access a broad portfolio of defense-related companies in Europe without the need to select individual stocks, providing diversification benefits and potentially reducing risks associated with holding single company stocks.

Furthermore, the Amundi Stoxx Europe Defense UCITS ETF Acc offers investors a cost-effective way to invest in the European defense sector, as it has a relatively low expense ratio compared to actively managed funds. Overall, this ETF provides investors with an opportunity to gain exposure to the European defense industry and potentially benefit from its growth prospects in a convenient and efficient manner.