Amundi ETF Short Maturity Overnight Rate UCITS ETF

Amundi ETF Short Maturity Overnight Rate UCITS ETF is a money market exchange-traded fund designed to provide investors with low-volatility exposure to the European overnight rate environment. The fund primarily seeks to achieve short-term returns by investing in a diversified portfolio of high-quality financial instruments and engaging in repurchase agreements. It implements a synthetic replication strategy and is structured to accumulate income rather than distribute it, allowing any profits to be reinvested in the fund. A key feature of this ETF is its currency hedging to the British Pound (GBP), helping to mitigate currency risk for GBP-based investors. With a total expense ratio of 0.10% per annum and a substantial asset base, the ETF appeals to investors looking for a liquid, transparent vehicle to park capital in the short term without taking on significant interest rate or credit risk. The fund is compliant with UCITS regulations, ensuring it meets European standards for diversification and investor protection, and it plays an important role in portfolio cash management and liquidity strategies within the broader financial market.