Amundi Euro Inflation Expectations 2-10Y UCITS ETF Acc
ETF
ISIN LU1390062245 / Valor 32084304
NAV (2024-11-12)
EUR 115.14-0.02%
Amundi Euro Inflation Expectations 2-10Y UCITS ETF Acc
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General Objective
The fund aims to track the benchmark index Markit iBoxx EUR Breakeven Euro-Inflation France & Germany Index Nominal TRI, providing exposure to breakeven inflation by entering into a long position in inflation-linked bonds issued by France and Germany and a short position in France and Germany sovereign bonds with adjacent durations.
Fund Exposure
The fund is primarily exposed to the bond asset class within the Eurozone, with a focus on breakeven inflation through a combination of long and short positions in inflation-linked bonds and sovereign bonds issued by France and Germany. The top 5 benchmark long leg holdings include OAT IE 1.85% 07/27 and DBRI IE 0.5% 4/30, while the top 5 benchmark short leg holdings include OAT IE 1.85% 07/27 and DBRI IE 0.5% 4/30.
Risks
The fund carries risks associated with bond investments, including interest rate risk, credit risk, and market risk. Additionally, fluctuations in breakeven inflation rates and changes in the economic conditions of France and Germany can impact the fund's performance. Investors should be aware of the potential for losses due to market movements and the fund's exposure to specific bond issuers and maturities.