- Business
- Amundi Index Solutions - Amundi MSCI Switzerland UCITS ETF (CSWU.L) is an exchange-traded fund that seeks to replicate the performance of the MSCI Switzerland Index through synthetic replication via swaps; the fund provides investors with exposure to approximately 40 leading stocks on the Swiss market, including major companies across sectors such as financials, healthcare, consumer staples, and industrials; it accumulates dividends, which are reinvested, and maintains a total expense ratio of 0.25% p.a. The ETF, with assets under management of approximately EUR 278 million as of late 2025, trades on multiple exchanges including the London Stock Exchange (CSWU), Euronext Paris (CSWC), and SIX Swiss Exchange (CSWCHF), targeting institutional and retail investors seeking cost-efficient access to the Swiss equity market without currency hedging. Domiciled in Luxembourg and managed by Amundi Index Solutions, headquartered at 5, Allée Scheffer, L-2520 Luxembourg, the fund launched on June 17, 2010, as part of Amundi's broader passive indexing platform, which offers a comprehensive range of UCITS ETFs covering equities, fixed income, commodities, and ESG-themed products across global, regional, and thematic indices. Amundi Index Solutions, a subsidiary of Amundi, Europe's largest asset manager formed in 2010 from the merger of Crédit Agricole and Société Générale's asset management arms, operates globally with a focus on Europe, Asia, and the Americas, providing scalable indexing solutions for diversified portfolio construction. In recent developments, Amundi announced its 2025-2028 strategic plan "Invest for the Future" in November 2025, emphasizing ETF expansion with plans to launch 100 new ETFs by 2028, innovation in active and white-label ETFs, and growth in private assets; the company formed a long-term strategic equity partnership with Intermediate Capital Group (ICG) in November 2025, acquiring a 9.9% non-dilutive economic stake and agreeing to a 10-year exclusive distribution deal for ICG's private markets products in the wealth channel; additionally, Amundi expanded its ETF lineup in October 2025 with ESG-screened launches including Amundi MSCI USA Screened UCITS ETF and Amundi MSCI World Screened UCITS ETF, alongside a May 2025 collaboration with STOXX to introduce a European defense sector ETF.