Amundi USD Corporate Bond ETF GBP Hedged Dist
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General Objective
The objective of this fund is to track the performance of the Solactive USD Investment Grade Corporate Index and minimize the tracking error between the net asset value of the fund and the performance of the index. The fund aims to achieve a level of tracking error that will not normally exceed 1%.
Fund Exposure
This fund is exposed to bond assets in the USA, with a benchmark index currency in USD. The portfolio breakdown includes a majority of bond holdings in industrials and financials sectors, with a significant exposure to the United States and the United Kingdom.
Risks
The fund is subject to market risks, including the potential for losses due to market movements or the inability to pay investors. Past performance does not guarantee future returns, and any gains or losses may be impacted by exchange rate fluctuations. Additionally, there is a risk of tracking error between the fund and its benchmark index.