The ETF will now cost investors 20 basis points (or 0.20 percent) compared to the previous cost of 45 basis points (0.45 percent).
The MSCI Eastern Europe ex Russia index, which the ETF is based on, tracks Poland, Czech Republic and Hungary. It does not include Russia or the Ukraine.
Last month the International Monetary Fund’s managing director, Christine Lagarde, identified geopolitical tensions as an obstacle to economic growth. Lately the focus has been on Russia’s interventions in the Ukrainian region of Crimea. Geopolitical events can even present a buying opportunity.
In April this year Amundi launched a global luxury ETF. It costs 0.25 percent and is available in Sterling, euros and US dollars on the London Stock Exchange.
Amundi announced a new partnership with EDHEC Risk Institute’s smart beta platform in February to create new passive products for institutional investors.
The provider also launched a US equity small cap ETF in the same month for 0.35 percent on NYSE Euronext, and swapped a from a Euronext to a FTSE index for its real estate investment trust ETF on the London Stock Exchange in March.