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AFRN

LSE
4.30000 GBp
0
0%
Last update Jun 24, 11:35 AM BST
Market closed
Day range
3.62600
4.30000
Previous close
4.30000
Open
3.62600
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Amundi Euro Floating Rate Corporate Bond Fund
4.30
0
0%

Overview

Description

The Amundi Euro Floating Rate Corporate Bond Fund is a specialized investment vehicle focused on providing exposure to European corporate bonds with a floating interest rate structure. Its primary function is to offer investors a strategic allocation in bonds that are less sensitive to changes in interest rates compared to fixed-rate bonds, making it an attractive option in a rising rate environment. This fund predominantly invests in bonds issued by companies within the Eurozone, providing vital financing to industries ranging from utilities and telecommunications to industrials and consumer services. Notably, the fund's floating rate mechanism helps mitigate interest rate risk and provides dynamic interest income as prevailing rates fluctuate. Its presence in the financial markets is crucial as it enables corporations to access capital while offering investors a method to diversify their income-generating portfolios. By focusing on credit quality and active management, the Amundi Euro Floating Rate Corporate Bond Fund plays a significant role in investor portfolios seeking a blend of income and relative stability in a changing interest rate landscape.

About

CEO
Mr. Mark Andrew Russell Carlisle FCA
Employees
92
Address
1010 Cambourne Business Park
Cambourne
Cambridge, CB23 6DP
Phone
44 12 2359 8197
Website
Instrument type
Common stock
Sector
Communication Services
Industry
Broadcasting
Country
United Kingdom
MIC code
AIMX
Market closed

Exchange is currently closed
Pre-market opens in 1 hour 56 minutes

05:18
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08:00
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Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).