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159.93500 EUR
0.385
0.24%
Last update Apr 9, 7:46 PM CEST
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Day range
159.41000
160.125
Previous close
160.32001
Open
159.41000
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Amundi Euro Government Bond 5-7Y UCITS ETF Di...
159.94
0.39
0.24%

Overview

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Description

The Amundi Euro Government Bond 5-7Y UCITS ETF Dist is a distributing exchange-traded fund that tracks the performance of the MTS Mid Price Investment Grade Eurozone Government Bond 5-7Y Index or a similar benchmark like the Bloomberg Euro Treasury 50bn 5-7 Year Bond Index. It provides investors with targeted exposure to investment-grade government bonds issued by Eurozone countries, specifically those with maturities between 5 and 7 years and a minimum issue size, ensuring liquidity and quality through at least two investment-grade ratings from major agencies. Key holdings include bonds from France, Italy, Germany, and Spain, representing major Eurozone sovereign issuers and comprising a significant portion of the portfolio. This ETF employs a physical full replication method, domiciled in Luxembourg, with a total expense ratio of 0.15% and distributes income periodically to shareholders. It plays a vital role in fixed-income portfolios, offering a low-cost, transparent vehicle for intermediate-term Euro government debt, aiding in duration management and diversification within the European bond market.

About

Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
*
Website
Instrument type
ETF
Country
Germany
MIC code
XDUS
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