Amundi Smart Overnight Return USD Hedged UCITS ETF Acc is a money market ETF from Amundi tracking the Multi Units Luxembourg - Amundi Smart Overnight Return index through physical replication. Domiciled in Luxembourg and launched in 2025, the fund manages about 2.3 bn € and charges a TER of 0.10% — 10 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).
Amundi Smart Overnight Return USD Hedged UCITS ETF Acc competes with 10 other products in the same class and region (Money market, Global): it ranks 2nd by fund size and 4th by ongoing cost, with a TER of 0.10% against a group median of 0.10%. It has been listed since 2025, 1 years of track record.
On a €10,000 investment the TER costs 10 € a year, against 10 € for the median product in the category.
Replication is physical: the fund holds the underlying securities directly. The ten largest positions account for 33.1% of the portfolio.
Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in USD and is a currency-hedged share class: the hedge aims to neutralise the effect of the underlying currencies against the reference currency, at an implicit cost that varies with interest-rate differentials.
The fund is domiciled in Luxembourg, which determines the tax treatment of income received by the fund and the supervisory authority.
| Microsoft Corporation | 5.1% |
| NVIDIA Corporation | 4.5% |
| Amazon.com Inc | 4.0% |
| Apple Inc. | 3.6% |
| Broadcom Inc | 3.1% |
| Alphabet Inc Class C | 3.1% |
| Tesla Inc | 2.6% |
| Alphabet Inc Class A | 2.4% |
| Eli Lilly and Company | 2.4% |
| Palantir Technologies Inc. | 2.3% |
| Borsa Italiana | SMARTU | EUR |
| London Stock Exchange | SMTC | USD |
Source: the fund's KID and the issuer's official documentation — data verified as of July 2026.
This page is informational and is not an investment recommendation. Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.