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MULTI UNITS LUXEMBOURG AMUNDI STOXX EUROPE 600 BASIC RESOURCES (EUR) BRES.FR

This fund is a UCITS-compliant exchange-traded fund whose objective is to replicate, as closely as possible, the performance of the STOXX Europe 600 Basic Resources Index, net of fees and transaction costs, while minimising tracking error.

The index measures the performance of companies in the basic resources super-sector (e.g. mining, materials) defined by the Industry Classification Benchmark (ICB), that are members of the STOXX Europe 600 Index. Constituents are selected by their primary source of revenue, weighted by free-float market capitalisation, with rules ensuring no single component becomes overly dominant.

The fund's asset class is European equities, focused on the materials / basic resources sector. It is structured as a Luxembourg-domiciled UCITS ETF offered by Amundi under the Multi Units Luxembourg SICAV umbrella.

ETF · France
Entry
Entry: Not yet
A normal pullback inside an intact uptrend. Price has dipped below SMA 20 but SMA 50 and SMA 200 are still holding as support. This is typically healthy mean-reversion, not a trend break. Wait for price to reclaim SMA 20 before adding, or watch SMA 50 for the line that must hold.
Trend
Trend: Take profit
Price ran far above SMA 50 and has now turned down, with Supertrend confirming the loss of momentum. Taking some profit at an extended level often avoids the larger pullback that follows.
Price development
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Years

Quick facts

Market Cap:EUR 541.41 M

About Multi Units Luxembourg Amundi STOXX Europe 600 BASIC Resources (EUR)

Basic company information

Fund description

This fund is a UCITS-compliant exchange-traded fund whose objective is to replicate, as closely as possible, the performance of the STOXX Europe 600 Basic Resources Index, net of fees and transaction costs, while minimising tracking error.

The index measures the performance of companies in the basic resources super-sector (e.g. mining, materials) defined by the Industry Classification Benchmark (ICB), that are members of the STOXX Europe 600 Index.

Constituents are selected by their primary source of revenue, weighted by free-float market capitalisation, with rules ensuring no single component becomes overly dominant. The fund's asset class is European equities, focused on the materials / basic resources sector.

It is structured as a Luxembourg-domiciled UCITS ETF offered by Amundi under the Multi Units Luxembourg SICAV umbrella.

This share class is accumulating: income is reinvested, and no cash dividends are paid.

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