Lyxor EURO STOXX 50 (DR) UCITS ETF (ticker: MSED.DE), now managed under Amundi ETF following the integration of Lyxor Asset Management, is an exchange-traded fund that seeks to replicate the performance of the EURO STOXX 50 Net Return Index, tracking the 50 largest blue-chip companies across the Eurozone by market capitalization; the ETF employs full physical replication, accumulating dividends for reinvestment without distribution to investors; it offers investors exposure to leading Eurozone equities including ASML Holding NV, SAP SE, Siemens AG, Allianz SE, and Schneider Electric SE, with a total expense ratio of 0.07% p.a. and currency unhedged in euros.
Launched on April 3, 2013, as a Luxembourg-domiciled UCITS-compliant sub-fund of Lyxor Index Fund with ISIN LU0908501215, the ETF trades on multiple venues including Deutsche Boerse, Euronext Paris, Borsa Italiana, and London Stock Exchange under tickers such as MSED, V50A.DE, and C50.PA; it serves institutional and retail investors targeting large-cap Eurozone equity benchmarks, with assets under management around EUR 160 million as of recent data.
Lyxor Asset Management, founded in 1998 and headquartered in Paris, France, was fully acquired by Amundi from Societe Generale in early 2022 for EUR 825 million, marking a major strategic consolidation that elevated Amundi to Europe's leading ETF provider; post-acquisition, Amundi has executed extensive rebranding of nearly 40 Lyxor ETFs to Amundi nomenclature, multiple mergers including Lyxor Core EURO STOXX 50 (DR) into Amundi EURO STOXX 50 UCITS ETF DR variants, and operational synergies yielding annual cost savings of approximately EUR 60 million by 2024 and revenue synergies of EUR 30 million by 2025; these changes, completed progressively through 2023-2025, include renaming efforts as recent as July 2024 and ongoing range rationalizations to streamline product offerings across passive equity strategies.