Amundi launches US mid-cap fund in conjunction with Wells Fargo
Portfolio of up to 70 equities
The Amundi Funds Wells Fargo US Mid Cap fund will charge a max management fee of 1.7%
Paris-based Amundi has launched a US mid-cap fund, to be managed by Wells Fargo Asset Management's special equity team, which already runs more than $10bn in assets.
The sub-fund of Amundi's Luxembourg Sicav range will offer investors exposure to US domestic growth and aims to outperform the MSCI USA Mid Cap index over a five-year period. Charging a maximum management...
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