Amundi USD Corporate Bond UCITS ETF 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 primarily exposed to bond assets in the USA, with a focus on fixed-rate corporate investment grade USD-denominated securities. The fund's portfolio breakdown includes a significant allocation to industrials and financials, with the majority of holdings concentrated in the United States.
Risks
The fund is subject to market risks, including the potential for losses due to movements in the markets or the inability to pay investors. Past performance is not indicative of future returns, and any gains or losses do not account for costs, commissions, and fees incurred by investors. Exchange rate fluctuations can also impact the fund's performance.