Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF Acc

The Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF Acc is an exchange-traded fund specializing in euro-denominated, investment-grade floating rate notes issued by corporate entities from developed markets. Its primary objective is to replicate the performance of the iBoxx MSCI ESG EUR FRN Investment Grade Corporates Index, which is rigorously screened for environmental, social, and governance (ESG) criteria. This ensures the inclusion of companies demonstrating robust sustainability practices within their corporate bond issuance. Featuring a physical sampling replication method, the fund accumulates and reinvests all interest income, rather than distributing it to holders. With over 100 individual bond holdings and a significant fund size exceeding one billion euros, it offers substantial diversification across sectors and issuers, all within the investment-grade credit spectrum. The ETF stands out for its low total expense ratio of 0.18% per annum, making it a cost-efficient vehicle for gaining exposure to the floating-rate segment of the euro corporate bond market while incorporating ESG principles. Its structure is well-suited to investors seeking to manage interest rate risk and align with responsible investing standards in fixed income allocations.