Amundi Buy & Watch High Yield 2028 PD
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General Objective
Amundi Buy & Watch High Yield 2028 aims to achieve a performance at maturity that corresponds to a portfolio initially invested in high-yield corporate bonds issued mainly by companies in OECD countries. The fund follows a carry trade strategy without a benchmark index, seeking to offer a regular coupon to investors through a diversified portfolio.
Fund Exposure
The fund is exposed to high-yield bonds from public and private issuers primarily in OECD countries. The portfolio mainly 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 selectively invests in high-yield securities with a rating of BB+ to D on the Standard & Poor's and/or Fitch rating scale and/or Ba1 to C according to Moody's.
Risks
Investors should be aware that Amundi Buy & Watch High Yield 2028 is subject to residual currency risk, as well as risks associated with interest rate, credit, and currency fluctuations. The Fund is actively managed on a discretionary basis and may not be suitable for investors planning to withdraw their money within 5 years.