Amundi Euro Floating Rate Corporate Bond Fund

The Amundi Euro Floating Rate Corporate Bond Fund is an investment fund that primarily focuses on investing in floating rate notes issued by corporations. Its main function is to provide investors with exposure to European corporate debt while mitigating interest rate risk. This fund is positioned to capitalize on variable interest rates, which adjust periodically, potentially offering stability in price compared to fixed-rate bonds when interest rates rise. The fund invests across various sectors, impacting industries including finance, manufacturing, and technology, thus providing a diversified approach to corporate credit exposure. By focusing on the Eurozone, the fund aims to provide opportunities for yield in a robust economic bloc with diversified economic activity. Managed by Amundi, one of Europe's largest asset managers, this fund holds a significant role in portfolios seeking income with lower duration risk from interest rate fluctuations, contributing to its relevance in the European fixed income market.