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Amundi MSCI World Momentum Advanced/£WMAG

Amundi MSCI World Momentum Advanced fund falls as fears that surging AI investment will not earn sufficient returns drive a technology sell-off after disappointing updates from Alphabet, Amazon and Intel.
3 hours agoLightyear AI
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About WMAG ETF

The investment objective of the Fund is to track the performance of the MSCI World Momentum Advanced Target Index, a net total return index, and to minimise the tracking error between the Fund’s net asset value and the Index. The Index is based on the MSCI World Index, which represents large- and mid-cap stocks across Developed Markets countries. It is designed to represent a strategy that seeks to maximise exposure to the momentum factor by selecting stocks that have performed well relative to their peers, while systematically integrating environmental, social and governance (ESG) characteristics. The Index applies an optimisation process that aims to maximise momentum exposure, reduce carbon-equivalent exposure to CO2 and other greenhouse gases by 30%, and improve the weighted-average industry-adjusted ESG score relative to the MSCI World Index. The Index is a net total return index, meaning that dividends net of tax paid by its constituents are included in the Index return. The Fund is passively managed, promotes ESG characteristics pursuant to Article 8 of the Sustainable Finance Disclosure Regulation, and its shares are accumulating.
Ticker
£WMAG
Fund name
Amundi MSCI World Momentum Advanced
Primary listing
LSE
Fund Manager
Amundi
Share currency
GBP
Benchmark
MSCI World Momentum Advanced Target Index
USD
6
Documents
Costs disclosure document

WMAG Metrics

£481M
-

WMAG Fund Highlights

This fund aims to track the MSCI World Momentum Advanced Target Index, which selects large- and mid-cap Developed Markets stocks with strong momentum while integrating ESG and carbon-reduction criteria.
Accumulating
0.25%
0.80%
0.03%

WMAG Fund Breakdown

Top holdings
NVIDIA

4.16%

Alphabet Class A

4.06%

Apple

3.22%

Johnson & Johnson

3.04%

TD Bank

2.29%

Caterpillar

2.14%

Micron Technology

1.72%

Microsoft

1.68%

Iberdrola

1.66%

Other

76.03%

Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.