Overview
Description
Amundi Core EUR Corporate Bond UCITS ETF EUR Dist is a physically replicated exchange-traded fund designed to provide investors with diversified exposure to the euro-denominated corporate bond market. Its primary objective is to closely track the performance of the Bloomberg Euro Aggregate Credit – Corporate Index, representing investment-grade corporate debt across numerous issuers and industries within the eurozone. The fund holds a broad portfolio—over 3,900 different securities—to mirror the risk and return characteristics of its benchmark, offering a comprehensive slice of the euro corporate bond sector.
Key features include a large fund size exceeding €1 billion in assets under management, low ongoing costs with a total expense ratio of approximately 0.07% per annum, and an annual distribution policy that pays out income generated by the bonds held in the portfolio. The fund is passively managed, aiming to match index performance through direct ownership of the underlying bonds rather than using derivatives. Its role in the financial market is to provide an efficient, liquid, and transparent vehicle for institutional and retail investors seeking moderate risk and regular income from high-quality corporate bonds denominated in euros.
About
Address
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Phone
+886 2 8101 0696
Website
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Instrument type
ETF
Country
Germany
MIC code
XETR