LONDON - Amundi Investment Solutions has announced the merger of several of its exchange-traded funds (ETFs), effective February 21, 2025. As detailed in a recent regulatory announcement, the Amundi MSCI World V UCITS ETF Accumulating (LSE:LCWL LN in GBP and LSE:LCWD LN in USD) will merge into the Amundi MSCI World UCITS ETF Accumulating (LSE:MWRL LN in GBP and LSE:MWRU LN in USD).
The last trading day for the absorbed ETFs, Amundi MSCI World V UCITS ETF Accumulating, will be February 20, 2025. Following the merger, the receiving ETFs, which replicate the MSCI World Net Total (EPA:TTEF) Return USD Index, will continue to trade without changes to their characteristics, including a total expense ratio (TER) of 0.12%.
This merger is part of Amundi's strategic adjustments to its ETF lineup. Shareholders of the absorbed ETFs will see their investments automatically transferred to the corresponding receiving ETFs. The newly merged funds will begin trading the next business day, with the existing tickers MWRL LN and MWRU LN on the London Stock Exchange (LON:LSEG).
Amundi Investment Solutions has clarified that the physical replication method of the ETFs will remain the same, ensuring continuity for investors. The merger is based on the net asset value (NAV) of the funds as of February 20, 2025.
This consolidation is expected to streamline Amundi's fund offerings and may provide investors with a more efficient investment vehicle. The announcement is based on a press release statement from Amundi Investment Solutions.
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