Amundi ETF ICAV - Amundi S&P World Consumer Staples Screened UCITS ETF Acc (STAW.MI) is an exchange-traded fund that seeks to replicate the performance of the S&P World Consumer Staples Screened Index before fees and expenses. The ETF provides exposure to a diversified portfolio of global consumer staples equities, screened for ESG criteria including business involvement exclusions and low controversy scores; it employs a full replication strategy by physically holding all index constituents. Amundi ETF ICAV, the Irish collective investment vehicle umbrella fund domiciled in Ireland and established in 2010 with headquarters in Dublin, operates as part of the Amundi group, Europe's largest asset manager.
The fund's primary offerings include accumulating units distributing capital gains internally to support long-term compounding; it targets institutional and retail investors seeking stable, defensive sector exposure amid market volatility. Geographically, it invests across developed markets worldwide, with heaviest allocations to the United States, Europe, and select Asia-Pacific regions; key holdings encompass multinational giants in food, beverages, household products, and personal care. Amundi ETF ICAV manages over 100 UCITS ETFs under the Amundi banner, emphasizing low-cost, liquid products compliant with EU regulations.
In recent developments as of late 2025, the fund benefited from Amundi's strategic expansion in sustainable ETFs, including a partnership with SGSS to enhance ETF servicing capabilities announced in early 2025. Amundi also launched complementary screened sector ETFs and completed the acquisition of additional ETF platforms to bolster its passive offerings amid rising demand for ESG-integrated staples exposure. No major name changes or reorganizations affected STAW.MI specifically in the past 1-2 years, though Amundi continued optimizing its index-tracking methodologies for improved tracking error performance.