Overview
Description
The Invesco US Treasury 1-3 Year EUR Hedged Fund is an exchange-traded fund that aims to provide investors with exposure to short-term U.S. government debt securities, specifically targeting bonds with maturities between one and three years. The primary function of this fund is to offer stability and low volatility due to its focus on short-duration bonds. Additionally, the EUR hedged aspect of this fund means it seeks to mitigate exchange rate fluctuations between the U.S. dollar and the euro, providing a more stable return for euro-based investors concerned about currency exposure.
The fund appeals mostly to investors looking for a conservative fixed-income investment, particularly those residing in the Eurozone who wish to avoid the currency risk associated with direct U.S. dollar investments. It plays a notable role in the portfolio of investors who require steady, low-risk returns with the added benefit of currency risk hedging. In the broader market, the Invesco US Treasury 1-3 Year EUR Hedged Fund serves as a tool for managing interest rate exposure and enhancing portfolio diversification through government-backed securities.
About
Address
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Website
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Instrument type
ETF
Country
Germany
MIC code
XETR