Amundi Prime Euro Government Bond 0-1Y UCITS ETF Acc

Amundi Prime Euro Government Bond 0-1Y UCITS ETF Acc is an exchange-traded fund focused on the fixed income asset class, specifically Eurozone government bonds. It seeks to closely replicate the performance of the Solactive Eurozone Government Bond 0-1 Year Index, a total return benchmark comprising Euro-denominated sovereign bonds and bills from Eurozone countries with maturities between 1 month and 1 year. Launched on October 8, 2020, as a Luxembourg-domiciled SICAV structure, the ETF employs a physical replication method, holding a diversified portfolio of approximately 104 holdings primarily rated A- or higher, with key exposures to issuers from Germany, Italy, France, and Spain. This ultra-short-term, investment-grade fund capitalizes dividends, reinvesting coupon payments to track the index while minimizing tracking error below 1%. Featuring a low total expense ratio of 0.05%, it manages substantial assets under management around 470 million EUR and serves as a low-risk option for investors targeting stable, short-duration government debt in the Eurozone, emphasizing market-value weighting and passive management.