Amundi EUR Corporate Bond PAB Net Zero Ambition UCITS ETF Acc
ETF
ISIN LU1829219127 / Valor 42764461
NAV (2024-12-30)
EUR 150.49+0.16%
Amundi EUR Corporate Bond PAB Net Zero Ambition UCITS ETF Acc
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General Objective
The objective of the fund is to track the performance of the Bloomberg MSCI Euro Corporate Paris Aligned Green Tilted Index denominated in Euros, which represents the Euro denominated investment grade corporate bond market and aims to meet and exceed the minimum standards of the EU Paris-aligned Benchmarks.
Fund Exposure
The fund is exposed to Euro denominated investment grade corporate bonds that meet the EU Paris-aligned Benchmarks. The fund follows a physical replication strategy to minimize the tracking error between the fund and the Index.
Risks
The fund is subject to market risk, credit risk, and interest rate risk. Market risk arises from fluctuations in the bond market, credit risk from potential defaults by bond issuers, and interest rate risk from changes in interest rates impacting bond prices. Additionally, there is a risk of tracking error between the fund and the Index.