Amundi MSCI World Catholic Principles UCITS ETF Acc: A Guide To Net Asset Value (NAV)

Hugo van Dijk

4 min read

Post on May 24, 2025

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What is NAV and How is it Calculated for the Amundi MSCI World Catholic Principles UCITS ETF Acc?

Net Asset Value (NAV) represents the net worth of an ETF's underlying assets. For the Amundi MSCI World Catholic Principles UCITS ETF Acc, it reflects the value of the portfolio's holdings, after accounting for liabilities. The basic formula is straightforward:

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

Let's break down the components:

Total Assets: This includes:

• Holdings: The primary component of total assets is the market value of the ETF's investments. These are predominantly stocks of companies selected based on their alignment with the MSCI World Catholic Principles index. This means companies involved in activities contrary to Catholic social teaching, such as weapons manufacturing, pornography, or abortion, are excluded.
• Cash Positions: The ETF holds cash for operational purposes, contributing to the total asset value.
• Accrued Income: This includes any dividends or interest earned but not yet distributed to shareholders.

Total Liabilities: This encompasses:

• Expenses: Operational costs associated with managing the ETF.
• Management Fees: Fees paid to Amundi for managing the fund.
• Other Outstanding Obligations: Any other debts or payable amounts.

Currency Fluctuations: Since the Amundi MSCI World Catholic Principles UCITS ETF Acc is globally diversified, currency exchange rates significantly impact the NAV calculation. Fluctuations in exchange rates between the base currency (likely EUR) and the currencies of the underlying assets can affect the overall NAV.

Frequency of Calculation: The NAV of the Amundi MSCI World Catholic Principles UCITS ETF Acc is typically calculated daily, reflecting the closing market prices of its underlying assets.

How Does NAV Relate to the Market Price of the Amundi MSCI World Catholic Principles UCITS ETF Acc?

While the NAV provides a measure of the ETF's intrinsic value, the market price reflects the price at which the ETF is currently trading on the exchange. While they ideally should be very close, several factors can lead to discrepancies:

• Supply and Demand: High demand can push the market price above the NAV (a premium), while low demand can cause it to trade below the NAV (a discount).
• Trading Volume: High trading volume generally results in a tighter correlation between NAV and market price. Low trading volume can magnify temporary price discrepancies.

It's important to understand that while short-term deviations between NAV and market price are possible, for well-established ETFs like the Amundi MSCI World Catholic Principles UCITS ETF Acc, the market price usually tracks the NAV quite closely over the long term.

Accessing and Interpreting the NAV of the Amundi MSCI World Catholic Principles UCITS ETF Acc

Investors can typically find the daily NAV for the Amundi MSCI World Catholic Principles UCITS ETF Acc on:

• Amundi's Official Website: The fund's fact sheet or dedicated page will usually provide daily or historical NAV data.
• Financial News Websites: Major financial news providers often publish ETF data, including NAV information.
• Brokerage Platforms: Most brokerage accounts display the NAV alongside the current market price of ETFs held in the investor's portfolio.

Interpreting NAV Changes:

• Regularly monitoring the NAV allows you to track the ETF's performance over time.
• Analyze NAV changes in the context of broader market trends. A declining NAV may reflect overall market downturns or underperformance of the underlying assets, but it could also simply reflect shifts in currency exchange rates.
• Compare the NAV of the Amundi MSCI World Catholic Principles UCITS ETF Acc with similar ETFs (e.g., other ethically-focused world equity ETFs) to benchmark its performance and identify areas of strength or weakness.

Conclusion: Making Informed Investment Decisions with Amundi MSCI World Catholic Principles UCITS ETF Acc NAV Data

Understanding the Net Asset Value (NAV) of the Amundi MSCI World Catholic Principles UCITS ETF Acc is critical for investors committed to ethical and responsible investing. By regularly monitoring the NAV, comparing it to the market price, and benchmarking it against similar ETFs, you can gain valuable insights into the fund's performance and make informed investment decisions. Stay informed about your Amundi MSCI World Catholic Principles UCITS ETF Acc NAV, and utilize this data for better investment decisions. Track your Amundi MSCI World Catholic Principles UCITS ETF Acc NAV regularly to ensure your investment strategy aligns with your financial goals and your commitment to Catholic principles.