- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 5 Allée Scheffer Luxembourg City Luxembourg L-2520
- IPO Date
- Apr 1, 2019
- Business
- Amundi MSCI China UCITS ETF Acc (L4K3.DE) is a UCITS-compliant exchange-traded fund that seeks to track the performance of the MSCI China Net Total Return USD Index, which captures large- and mid-cap Chinese equities including A shares, H shares, B shares, Red chips, P chips, and foreign listings representing approximately 85% of the free float-adjusted market capitalization. The ETF employs a synthetic replication strategy via an unfunded swap, with a total expense ratio of 0.29% p.a., accumulating dividends for reinvestment, and maintains assets under management of approximately EUR 558-596 million. Launched on July 5, 2018, and domiciled in Luxembourg as part of Multi Units Luxembourg - Lyxor UCITS ETF SICAV, it trades primarily on European exchanges including Xetra (Germany), Borsa Italiana (Italy), and SIX Swiss Exchange, targeting institutional and retail investors seeking exposure to China's equity market without currency hedging.
The fund provides investors with diversified access to leading Chinese companies across sectors such as financials, consumer discretionary, communication services, and technology, as reflected in the underlying index's composition. It is issued and managed by Amundi ETF, a division of Amundi S.A., Europe's leading asset manager founded in 2010 through the merger of Crédit Agricole Asset Management and Société Générale Asset Management, and headquartered at 90-91 Boulevard Pasteur in Paris, France. Amundi S.A. operates globally across more than 30 countries, serving over 100 million clients with a broad range of active and passive investment solutions including ETFs, mutual funds, and alternatives.
Recent developments include ongoing product range consolidation following Amundi's 2021 acquisition of Lyxor Asset Management, with mergers of several thematic ETFs into equivalent Amundi products in June 2024 to enhance competitiveness and client interest. In November 2025, Amundi announced a long-term strategic partnership with Intermediate Capital Group (ICG), involving joint development of private markets products for wealth investors, exclusive distribution rights, and Amundi's acquisition of a 9.9% economic stake in ICG through a non-dilutive structure. These initiatives support Amundi's expansion in passive strategies and alternatives, bolstering the ETF's parent entity's scale amid steady growth in assets under management exceeding EUR 2 trillion.