France Keeps Synthetic ETFs Eligible for Tax-Advantaged PEA Accounts

France has abandoned plans to exclude synthetic ETFs tracking non-European indices from tax-advantaged PEA accounts. The proposal could have affected billions of euros invested in funds offering exposure to benchmarks such as the MSCI World, S&P 500 and Nasdaq 100 through swaps. Public accounts minister David Amiel confirmed eligibility rules will remain unchanged, preserving access to globally diversified ETFs within PEAs. The decision benefits providers including BlackRock and Amundi, which offer PEA-eligible synthetic ETF ranges.