Amundi Euro Government Bond 1-3Y UCITS ETF Acc

Amundi Euro Government Bond 1-3Y UCITS ETF Acc is a physically replicating exchange-traded fund that invests in short-term government bonds from eurozone countries. Its core objective is to track the performance of the Bloomberg Euro Treasury 50bn 1-3 Year Bond Index, which is composed of euro-denominated government bonds with maturities ranging from one to three years and a minimum outstanding volume of €50 billion per issuer. The ETF accumulates rather than distributes income, allowing any interest payments from the underlying bonds to be reinvested back into the fund. With a fund size exceeding 2 billion euros and 78 individual holdings, it offers investors exposure to a broad cross-section of high-credit-quality, investment-grade sovereign bonds issued within the European Monetary Union. The expense ratio is competitively low at 0.15% per annum, reflecting its passive, index-tracking approach and commitment to cost efficiency. As part of the fixed income asset class, this ETF is used primarily for capital preservation, liquidity management, and diversification within larger portfolios. Due to its short duration, the fund typically experiences lower volatility and interest rate sensitivity than longer-dated bond funds, making it a common tool for conservative investors or as a tactical position to manage portfolio risk in uncertain market environments.