Amundi Core Euro Government Bond UCITS ETF Acc

Amundi Core Euro Government Bond UCITS ETF Acc is an exchange-traded fund that seeks to replicate the performance of the Bloomberg Euro Treasury 50bn Bond Index. This index tracks euro-denominated government bonds issued by eurozone member states, focusing on investment-grade securities with all maturities. The ETF employs a physical replication method through sampling, holding a selection of the index's most relevant constituents, such as around 408 to 412 bonds primarily from sovereign EMU issuers. As an accumulating fund, it reinvests interest income from bond coupons back into the portfolio rather than distributing it. Key portfolio characteristics include a modified duration of approximately 6.92 years, an average rating of A-, and exposure spread across various maturities from short to long-term. Domiciled in Luxembourg and compliant with UCITS regulations, the ETF provides investors with targeted access to the eurozone government bond market, emphasizing broad maturity coverage and currency unhedged exposure in euros. Launched in 2016, it serves as a core fixed-income product for those seeking benchmark-aligned performance in European sovereign debt.