Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF Acc

Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF Acc is an exchange-traded fund that provides investors with targeted exposure to euro-denominated investment-grade floating rate note bonds issued by corporate entities from developed markets. Launched by Amundi Luxembourg S.A. and managed by Amundi Asset Management, the ETF tracks the iBoxx MSCI ESG EUR FRN Investment Grade Corporates TCA Index using synthetic replication through derivatives such as swaps. It emphasizes environmental, social, and governance criteria, excluding issuers that fail to meet these standards, while focusing on bonds with maturities typically between 1 and 3 years. The portfolio includes floating rate notes from prominent financial institutions and corporates across sectors like banking, automotive, and industrials, such as Societe Generale, Morgan Stanley, and Mercedes-Benz International Finance. As an accumulating UCITS-compliant product domiciled in Luxembourg, it reinvests interest income, offering a low-interest-rate-risk profile due to its floating rate structure. This ETF plays a key role in fixed income markets by facilitating ESG-integrated corporate financing and providing diversified, stable income potential in varying rate environments.