Amundi Buy & Watch 2028 P-D
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General Objective
Amundi Buy & Watch 2028 seeks to achieve a performance at maturity that corresponds to a portfolio initially invested in investment grade corporate bonds and a maximum of 20% of net assets in high-yield securities, issued mainly by companies in OECD countries. The fund is actively managed on a discretionary basis and is not managed with reference to an index.
Fund Exposure
The fund primarily holds securities with a maturity equal to or less than the duration of the investment period, which is five years from the creation of the Fund. The management team selects bonds and negotiable debt securities with a maturity of five years or less from public and private issuers based mainly in OECD countries. The Fund's sensitivity will range from 0 to 6, decreasing to almost 0 at the end of each investment period.
Risks
Investors should be aware that the Fund is subject to residual currency risk and may use securities with embedded derivatives in compliance with its objective. The Management Company may take positions to hedge the portfolio against certain risks (interest rate, credit, currency) or to expose it to interest rate and credit risks. Additionally, the Fund may not be appropriate for investors who plan to withdraw their money within 5 years.