"Amundi MSCI Water ESG Screened UCITS ETF Dist" is an exchange-traded investment fund (ETF). It refers to the MSCI ACWI IMI Water ESG Filtered Index. This index reflects the development of stocks . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are distributed to the investors. The fund company Amundi claims a total expense ratio (TER) of 0.60% per year. The yearly average divergence from the index performance (Tracking Difference) since 2008 was 0.56% per year. Therefore, the ETF was slightly less expensive than the TER suggests.