Amundi EUR S.T.HY Corp.Bd.ESG UE Dist
LU1617164998
Amundi EUR S.T.HY Corp.Bd.ESG UE Dist/ LU1617164998 /
NAV12/10/2024 |
Chg.-1.8049 |
Type of yield |
Investment Focus |
Investment company |
95.1827EUR |
-1.86% |
paying dividend |
Bonds
Worldwide
|
Amundi AM (FR) ▶ |
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: |
- |
Depository bank: |
CACEIS Bank, Luxembourg Branch. |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland |
Fund manager: |
- |
Fund volume: |
129.61 mill.
EUR
|
Launch date: |
2/8/2024 |
Investment focus: |
- |
Conditions
Issue surcharge: |
3.00% |
Max. Administration Fee: |
0.20% |
Minimum investment: |
1.00 EUR |
Deposit fees: |
- |
Redemption charge: |
3.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
Amundi AM (FR) |
Address: |
90 boulevard Pasteur, 75015, Paris |
Country: |
France |
Internet: |
www.amundi.fr/
|
Countries
Italy |
|
23.41% |
France |
|
21.20% |
Spain |
|
8.77% |
United States of America |
|
8.34% |
Greece |
|
6.71% |
Germany |
|
5.87% |
Poland |
|
4.58% |
United Kingdom |
|
4.34% |
Portugal |
|
3.49% |
Luxembourg |
|
3.15% |
Netherlands |
|
2.99% |
Cyprus |
|
1.39% |
Belgium |
|
1.20% |
Finland |
|
1.00% |
Japan |
|
0.84% |
Others |
|
2.72% |