Overview
Description
Amundi Euro Overnight Return Fund is a short-term fixed income investment vehicle designed to provide investors with returns through investments in euro-denominated money market instruments. Its primary function is to offer a stable and secure investment option with daily liquidity, making it particularly appealing to conservative investors seeking low-risk exposure. This fund invests predominantly in high-quality, short-term debt securities that provide returns closely aligned with the daily euro interest rates.
Notable features include its ability to preserve capital while providing a reliable source of income, targeting both retail and institutional investors. As part of Europe's larger money market landscape, the fund plays a critical role in maintaining liquidity in the financial system by facilitating the efficient movement of capital.
Prominent in the sphere of cash management, the Amundi Euro Overnight Return Fund supports a broad range of sectors, ensuring that companies and financial institutions have quick access to funds. It significantly contributes to enhancing short-term funding markets and influences overnight and short-term interest rate conditions across the Eurozone. This fund is managed by Amundi, one of Europe's leading asset management companies, underscoring its profile of expertise and stability.
About
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Phone
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Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL