Amundi ABS Responsible IC
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Amundi ABS focuses on a diversified portfolio of securitisation vehicles, including asset-backed securities (ABS) and collateralised debt obligations (CDOs) issued by private companies within OECD countries. The fund carefully selects these securities based on detailed economic, interest rate, and credit analyses to seek returns that exceed the eurozone's overnight money market rate. While maintaining a majority of high-rated investments, Amundi ABS also includes up to 20% of higher-yield speculative securities to enhance performance. The management actively controls the portfolio’s bond risk to align with its investment goals.