The Amundi Global Luxury UCITS ETF is an exchange-traded fund that gives investors exposure to the global luxury goods sector. It is managed by Amundi, Europe's largest asset manager by assets under management, and tracks the S&P Global Luxury Index, a benchmark composed of eighty of the largest publicly traded companies engaged in the production, distribution, or provision of luxury goods and services.
The underlying index spans luxury conglomerates and brands such as LVMH, Hermes, Richemont, and Kering, alongside companies in premium automobiles, spirits, cosmetics, hotels, and other luxury-adjacent industries, weighted by market capitalization and luxury exposure. The fund is accumulating, meaning dividends from holdings are reinvested rather than distributed, and carries a total expense ratio of 0.25 percent per year.
The ETF is a UCITS-compliant fund domiciled in Luxembourg, listed on multiple European exchanges including Xetra and Euronext, and trades under tickers including GLUX with ISIN LU1681048630. It is one of the few dedicated vehicles available to retail investors seeking diversified, single-trade exposure to the luxury sector as an investment theme, rather than picking individual luxury stocks.
The product page publishes the fund's holdings, performance history, key investor documents, and risk indicators. As with any equity ETF, capital is at risk and sector concentration makes the fund sensitive to luxury spending cycles.