Net Asset Value (NAV) Of Amundi MSCI World Catholic Principles UCITS ETF Acc: Explained

Rajiv Sharma

5 min read

Post on May 24, 2025

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What is Net Asset Value (NAV) and How is it Calculated?

Net Asset Value (NAV) represents the net asset value per share of an exchange-traded fund (ETF). It's essentially the market value of all the assets the ETF owns, minus its liabilities, divided by the total number of outstanding shares. In simpler terms:

NAV = (Total Assets - Total Liabilities) / Number of Outstanding Shares

Several factors influence an ETF's NAV:

• Market Fluctuations: Changes in the market value of the underlying assets directly impact the ETF's NAV. If the stocks held by the ETF increase in value, the NAV rises, and vice-versa.
• Currency Exchange Rates: For internationally diversified ETFs like the Amundi MSCI World Catholic Principles UCITS ETF Acc, fluctuations in exchange rates between currencies can affect the NAV.
• Dividend Distributions: When underlying companies pay dividends, this increases the ETF's assets and consequently its NAV. However, the NAV will usually reflect the dividend payment after it's distributed.
• Expense Ratios: The ETF's expense ratio, which covers management fees and operating expenses, reduces the NAV over time.

Simplified Example:

Let's say an ETF owns assets worth €10 million and has liabilities of €100,000. If there are 1 million shares outstanding, the NAV is calculated as follows: (€10,000,000 - €100,000) / 1,000,000 = €9.90 per share.

Understanding the Amundi MSCI World Catholic Principles UCITS ETF Acc's Investment Strategy

The Amundi MSCI World Catholic Principles UCITS ETF Acc is a unique ETF designed for investors who want to align their investments with Catholic values. Its investment objective is to track the performance of a global equity index, while adhering to specific exclusion criteria based on Catholic social teachings. This makes it an excellent example of ethical investing and Socially Responsible Investing (SRI).

The ETF's underlying assets are a selection of companies from around the world, excluding those involved in activities considered contrary to Catholic principles.

• Exclusion Criteria: This includes companies involved in activities such as abortion, pornography, weapons manufacturing, and other ethically questionable businesses.
• ESG Integration: While primarily focused on Catholic principles, the ETF indirectly incorporates Environmental, Social, and Governance (ESG) factors, as many companies involved in the aforementioned activities often also score poorly on ESG metrics.

How Catholic Principles Influence the ETF's Portfolio and NAV

The exclusion criteria based on Catholic principles lead to a portfolio that differs from broader market indices. This difference can have an impact on both performance and NAV. For example, excluding certain sectors might mean missing out on potential gains, but it can also reduce exposure to potentially higher-risk investments. This is a key distinction for those prioritizing ethical investment over maximizing potential returns. By avoiding "sin stocks," the fund aims for long-term stability and alignment with its stated investment philosophy.

Where to Find the Amundi MSCI World Catholic Principles UCITS ETF Acc's NAV

You can find the daily NAV of the Amundi MSCI World Catholic Principles UCITS ETF Acc from several sources:

• Amundi Website: The ETF provider's official website will be the most reliable source for the latest NAV information.
• Financial News Websites: Reputable financial news websites often display real-time ETF pricing, including NAV.
• Brokerage Platforms: If you hold the ETF through a brokerage account, the platform will usually display the current NAV alongside the market price.

The NAV is typically updated daily, reflecting the closing prices of the underlying assets. It's important to note that the market price of the ETF might differ slightly from the NAV due to supply and demand fluctuations.

Using NAV Information to Make Informed Investment Decisions

Monitoring the NAV of the Amundi MSCI World Catholic Principles UCITS ETF Acc over time allows you to track its performance. However, it's crucial to consider the NAV alongside other performance metrics, such as the total return and volatility. Remember that short-term fluctuations are normal, and a long-term investment perspective is essential for responsible investing. By combining NAV analysis with your overall investment strategy, you can build a well-diversified portfolio aligned with your ethical and financial goals.

Conclusion: Making Sense of the Net Asset Value of your Amundi MSCI World Catholic Principles UCITS ETF Acc

Understanding the Net Asset Value (NAV) is fundamental to making informed investment decisions, particularly with ethically focused ETFs like the Amundi MSCI World Catholic Principles UCITS ETF Acc. By understanding how the NAV is calculated, the ETF's investment strategy, and where to find reliable NAV data, you can actively monitor your investment's performance and make responsible investment choices. Regularly checking the NAV of your Amundi MSCI World Catholic Principles UCITS ETF Acc allows you to track its progress and make adjustments to your investment strategy as needed. For more information, visit the Amundi website [link to Amundi website] and consult your financial advisor. Remember, responsible investing starts with informed decisions.