AMUNDI MSCI WORLD ESG CLIMATE NET ZERO AMBITION CTB UCITS ETF LWCR.FR

The Amundi MSCI World ESG Climate Net Zero Ambition CTB UCITS ETF is an index-tracking equity fund designed to follow the MSCI World ESG Broad CTB Select Index. The index is derived from the parent MSCI World Index (which covers large- and mid-cap stocks in developed markets), and applies environmental, social and governance (ESG) screening to exclude companies with negative social or environmental impacts while overweighting those with stronger ESG ratings.

It also incorporates climate transition reweighting in order to meet the European Union's Climate Transition Benchmark (CTB) regulation minimum requirements. The fund's mandate is to replicate the performance of that benchmark index, and it aims to maintain a relatively low tracking error versus it (typically not exceeding about 1 %).

Its strategy is thematic with a climate focus, combining broad global equity exposure with ESG criteria plus climate transition adjustments to limit carbon intensity and align with regulatory standards.

The vehicle is a UCITS exchange-traded fund issued by Amundi Asset Management. It uses physical replication of the underlying index (i.e. holds eligible securities rather than relying on swaps or synthetics) to achieve its objective.