Amundi launches two bond ETFs on Xetra

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Amundi has announced the launch of two new exchange-listed bond index funds on Xetra, Deutsche Börse’s electronic securities trading platform.

The Amundi Govt Bond Lowest Rated EuroMTS Investment Grade 1-3 UCITS ETF provides access to euro-area sovereign bonds with terms of one to three years. All bonds must have a double-digit rating below “AAA”, its benchmark is the EuroMTS Lowest Rated Investment Grade Government Capped 1-3 Index.

The Amundi ETF Floating Rate Euro Corporate 1-3 UCITS ETF tracks the performance of investment grade corporate bonds with a variable coupon and a one to three year term. Its benchmark is the EuroMTS Lowest Rated Investment Grade Government Capped 1-3 Index.

Both ETFs have an accumulating distributing policy and a total expense ratio fo 0.14% and 0.18% respectively.

ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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