Amundi’s assets under management (AUM) in its exchange-traded funds (ETF) reached €5.3 billion by the end of December last year, IFA Online reports. The French asset manager rolled out 29 new products in 2010. The firm’s latest ETF tracks the MSCI Emerging Markets index. The fund carries a total expense ratio of 0.45%, compared to an average of 0.69% across similar products.
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