Amundi launches GDP-weighted equity and bond UCITS ETFs

Amundi, the Paris-based asset manager, launched two UCITS exchange-traded funds on May 28, 2026, that weight country allocations by gross domestic product. The funds are the Amundi FTSE All World GDP-Weighted UCITS ETF and the Amundi Global Government Bond GDP Weighted UCITS ETF.

The ETFs assign country weights based on each nation’s share of world GDP rather than the market value of listed companies. Amundi said the funds offer an alternative to market-capitalization indices and aim to reduce concentration in a small number of large companies or dominant markets.

Under the GDP-weighted methodology, a country’s weight rises or falls with its contribution to global output. Amundi said the approach typically increases exposure to economies with large output but smaller public equity markets and reduces exposure to markets where equity valuations are high relative to GDP.

The equity fund follows a FTSE All-World GDP-weighted index. The bond fund applies the same country-weighting principle to global government debt. Amundi said the methodology raises exposure to emerging markets and Europe compared with traditional market-cap indices.

Amundi noted that China and other emerging markets now account for more than 40% of global GDP and continue to offer the strongest growth prospects cited by the firm. The company presented the ETFs as long-term building blocks intended to complement existing indexed strategies.

“Today’s market environment requires investors to strengthen the resilience of their portfolio and adapt to an investment landscape where diversification is one of the most effective response,” commented Benoit Sorel, Head of ETF & Index business line at Amundi.

The ETFs are offered under the UCITS regulatory framework used across Europe. Amundi did not disclose fee levels or the initial size of the funds in its announcement.