Overview
Description
The Amundi EUR Floating Rate Corporate Bond Fund is an open-ended investment fund designed to provide investors with exposure to a diversified portfolio of floating rate bonds denominated in Euros. Its primary function is to offer capital appreciation while managing interest rate risk, a key concern for fixed-income investors. The fund primarily invests in corporate bonds issued by companies across various sectors, ensuring a broad exposure to different industries and credit profiles while maintaining liquidity.
A notable feature of this fund is its focus on floating rate instruments, which are particularly attractive in rising interest rate environments as they tend to have lower price sensitivity compared to fixed-rate bonds. This characteristic can help in preserving principal and generating returns even when interest rates are volatile.
In the financial markets, the Amundi EUR Floating Rate Corporate Bond Fund plays a significant role for institutional and retail investors seeking to diversify their bond holdings with an emphasis on stability and income generation. It complements investment strategies that aim to mitigate interest rate exposure while tapping into the creditworthiness of established corporate issuers.
About
Address
1010 Cambourne Business Park
Cambourne
Cambridge, CB23 6DP
Cambourne
Cambridge, CB23 6DP
Phone
+886 2 8101 0696
Website
Instrument type
ETF
Country
Austria
MIC code
XWBO