- 3 min
Amundi ETF lists a new Fixed Income ETF on NYSE Euronext in Paris
Amundi ETF has launched a new ETF based on EuroMTS Highest Rated Government 1-3 Index on NYSE Euronext in Paris.
• Unprecedented in Europe
This ETF provides investors with exposure to the EuroMTS Highest Rated Government 1-3 Index. Reviewed on a monthly basis, this index is composed of government bonds issued by Euro Zone member states (minimum 5 issuers ), with at least two equivalent ratings of “AAA” (by S&P, Moody’s, and Fitch) and a maturity of 1-3 years.
Through this index, this product is the first ETF in Europe1 which enables investors to take positions on the short fixed income maturity segment in Euro Zone countries with an Investment Grade rating. It is offered with a TER of 0.14%.
• A new asset allocation tool in the “Investment Grade” fixed income range
The Amundi ETF fixed income range in euros already includes a product which tracks, whether the trend is rising or falling, the equivalent “all maturities” index as well as an ETF which offers an alternative solution for those, who on the contrary, wish to be exposed to countries with lower ratings within the Investment Grade universe.
Amundi ETF’s range therefore offers investors a wide choice of simple tools allowing simple access to implement allocation strategies, whatever their views in the fixed income Eurozone market.
Valérie Baudson, Managing Director of Amundi ETF comments: “This latest launch is perfectly in line with our wish to offer investors a complete range of solutions to manage their asset allocation according to their market anticipations.”
Amundi ETF products are available on the main European stock exchanges, with dedicated sales teams at Amundi and CA Cheuvreux.
Further information about Amundi ETF can be found on the amundietf.com website.
Investment in a Fund carries a substantial degree of risk. The price and value of investments can go down as well as up. Investors may not get back the original amount invested and may lose all of their investment. For further details regarding the risks, please refer to the key investor information document (“KIID”) and the prospectus for the relevant Fund, which are available in English upon request or on amundietf.com. Past performance is not a reliable indicator of future results. Returns may increase or decrease as a result of currency fluctuations.
As of 30/01/2012, the Fund described in this document is not recognised collective investment schemes for the purposes of the Financial Services and Markets Act 2000 of the United Kingdom and may not be authorised for distribution in all countries. It is the investor’s responsibility to ensure that they are authorised to invest in a Fund
1 At the time of the fund’s listing on the NYSE Euronext in Paris.
In addition, where a credit rating downgrade for an eligible issuer would lead to the number of eligible issuers falling below the minimum, the issuer in question will remain in the index until a new issuer becomes eligible to replace it.
2 TER: Total Expense Ratio or ongoing charges. For Amundi ETF funds (the “Funds”), the ongoing charges correspond to the Total Expense Ratio. The ongoing charges represent the charges taken from the fund over a year.
3They are based on the figures for the previous year. When the fund has not closed its accounts for the first time, the ongoing charges are estimated. The TER is a measure that compares the annual total management and operating costs (all taxes included) charged to a fund against the value of that fund's assets. Investors are informed that additional costs such as transaction costs and commissions may occur when trading ETFs.