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Two new exchange-listed bond index funds issued by Amundi have been tradable in Deutsche Börse’s XTF segment since Tuesday.
Name: Amundi Govt Bond Lowest Rated EuroMTS Investment Grade 1-3 UCITS ETF
Asset class: bond ETF
ISIN: FR0011807015
Total expense ratio: 0.14 percent
Distribution policy: accumulating
Benchmark: EuroMTS Lowest Rated Investment Grade Government Capped 1-3 Index
The Amundi Govt Bond Lowest Rated EuroMTS Investment Grade 1-3 UCITS ETF provides investors with access to the performance of government bonds issued by euro-area countries with terms of one to three years. The bonds must have a double-digit rating below “AAA”.
Name: Amundi ETF Floating Rate Euro Corporate 1-3 UCITS ETF
Asset class: bond ETF
ISIN: FR0012005734
Total expense ratio: 0.18 percent
Distribution policy: accumulating
Benchmark: Markit iBoxx EUR FRN IG 1-3 Index
The underlying index, Amundi ETF Floating Rate Euro Corporate 1-3 UCITS ETF, tracks the performance of corporate bonds with a variable coupon, or floater. These bonds are investment grade bonds denominated in euros with a term of between one and three years.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,040 exchange traded funds. This selection, together with an average monthly trading volume of around €11 billion, makes Xetra Europe’s leading trading venue for ETFs.
