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Amundi launches anniversary equity ETF

Asset manager Amundi has commemorated the 20th anniversary of the first US listing of an exchange-traded fund by unveiling a European equity ETF that excludes financial stocks. The launch is designed to help investors allocate funds across ETFs covering different sectors. The new ETF, tracking the MSCI Europe ex-financials index, follows Amundi's launch of separate ETFs covering the bank and insurance sectors.

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