Overview
Description
The Amundi Euro Government Bond 1-3Y ETF Acc is an exchange-traded fund focused on providing investors with exposure to short-term Eurozone government bonds. It primarily aims to replicate the performance of the Bloomberg Barclays Euro Aggregate Treasury 1-3Y index, which includes sovereign bonds issued by Eurozone member countries with maturities ranging from one to three years. This ETF is particularly appealing to those seeking conservative fixed-income investments, as short-duration bonds tend to exhibit lower volatility and interest rate sensitivity compared to longer-term bonds.
One of the notable features of the Amundi Euro Government Bond 1-3Y ETF Acc is its emphasis on euro-denominated securities, making it an attractive choice for investors looking to manage foreign exchange risk within European portfolios. The fund plays a crucial role in the fixed-income market by offering a diversified and accessible vehicle for gaining exposure to the creditworthiness of Eurozone governments. As an accumulating fund, it reinvests the bond coupon payments, allowing for a potential increase in the net asset value over time, making it a practical option for long-term fixed-income investors.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL