Amundi Euro Liquidity Select P C
ISIN FR0011630557 / Valor 23115493
Amundi Euro Liquidity Select P C
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Amundi Euro Liquidity Select aims to earn a return above the compounded €STR, the euro money-market benchmark, after costs, by investing in short-dated money market instruments with a maximum maturity of two years. In plain English, it is designed to provide a liquid cash-management style portfolio while trying to add a modest return over overnight euro rates. The fund selects securities using both financial and ESG criteria, focusing on liquidity, maturity, profitability and credit quality as well as environmental, social and governance factors. Each issuer is assigned an ESG rating from A to G, and at least 90% of the portfolio must carry an ESG rating. The strategy seeks to improve the portfolio’s overall ESG profile versus the broader investment universe, while excluding the lowest-rated issuers and controversial weapons. In practice, the manager appears to build a diversified money market portfolio that balances return, risk and sustainability considerations, with a strong emphasis on preserving liquidity and controlling interest-rate and credit risk within a very short maturity profile.
Ratings & reviews
Marc Marti
Amirul Hakim
Harith Damiel
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