Amundi EUR Overnight Return UCITS ETF Acc
UMushroom community rating:
0.00
0 votes
No rating yet
NegativeNeutralPositive
The Amundi Euro Overnight Return ETF offers investors access to the overnight interest rates in the Eurozone by tracking the Solactive Euro Overnight Return Index. This index is based on the Euro Short Term Rate (ESTER), which is calculated using transaction data from the 52 largest banks in the Eurozone. By using synthetic replication, the ETF mirrors the performance of these short-term rates, providing a transparent and efficient way to invest in the Eurozone’s overnight financial market.
Content summarized by AI chatbot
Tags:
short term rateeurozone debtsolactive euro overnight return index