Amundi EUR S.T.HY Corp.Bd.ESG UE Dist/  LU1617164998  /

Fonds
NAV4/11/2024 Chg.-0.0198 Type of yield Investment Focus Investment company
92.8373EUR -0.02% paying dividend Bonds Worldwide Amundi Asset Mgmt. 

Investment strategy

The objective of this Sub-Fund is to track the performance of the iBoxx MSCI ESG EUR High Yield Corporates 1-3 TCA index (the "Index"), and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index. The anticipated level of the tracking error, under normal market conditions is indicated in the prospectus of the Sub-Fund. The Index is a bond index representative of euro-denominated BB/B rated bonds issued by corporate issuers that follows the rules of the iBoxx EUR High Yield Corporates 1-3 TCA index (the "Parent Index") and applies ESG criteria for security eligibility. The Sub-Fund promotes environmental and/or social characteristics through among others, replicating an Index integrating an environmental, social and governance ("ESG") rating. The Index methodology is constructed using a "Best-in-class approach": best ranked companies are selected to construct the Index. "Best-in-class" is an approach where leading or best-performing investments are selected within a universe, industry sector or class. Using such Best-in-class approach, the Index follows an extra-financial approach significantly engaging that permits the reduction by at least 20% of the initial investment universe (expressed in number of issuers). The exposure to the Index will be achieved through a Direct Replication, mainly by making direct investments in transferable securities and/or other eligible assets representing the Index constituents in a proportion extremely close to their proportion in the index. The Investment Manager will be able to use derivatives in order to deal with inflows and outflows and also if it allows a better exposition to an Index constituent. In order to generate additional income to offset its costs, the Sub-Fund may also enter into securities lending operations.
 

Investment goal

The objective of this Sub-Fund is to track the performance of the iBoxx MSCI ESG EUR High Yield Corporates 1-3 TCA index (the "Index"), and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index. The anticipated level of the tracking error, under normal market conditions is indicated in the prospectus of the Sub-Fund.
 

Master data

Type of yield: paying dividend
Funds Category: Bonds
Region: Worldwide
Branch: ETF Bonds
Benchmark: iBoxx MSCI ESG EUR High Yield Corporates 1-3 TCA index
Business year start: 10/1
Last Distribution: 12/12/2023
Depository bank: CACEIS Bank, Luxembourg Branch.
Fund domicile: Luxembourg
Distribution permission: Germany, Switzerland, Luxembourg
Fund manager: -
Fund volume: -
Launch date: 6/1/2017
Investment focus: -

Conditions

Issue surcharge: 3.00%
Max. Administration Fee: 0.30%
Minimum investment: 1.00 EUR
Deposit fees: -
Redemption charge: 3.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Amundi Asset Mgmt.
Address: 90 boulevard Pasteur, 75015, Paris
Country: France
Internet: www.amundi.fr/
 

Assets

Bonds
 
100.00%

Countries

Italy
 
22.72%
France
 
15.24%
Spain
 
14.19%
United States of America
 
13.00%
Germany
 
6.49%
United Kingdom
 
5.82%
Greece
 
5.60%
Portugal
 
3.06%
Poland
 
3.03%
Sweden
 
2.79%
Japan
 
2.49%
Luxembourg
 
0.92%
Cyprus
 
0.88%
Netherlands
 
0.84%
Belgium
 
0.80%
Others
 
2.13%

Currencies

Euro
 
99.98%
Others
 
0.02%