Amundi Index Solution - AMUNDI EUR Corp BD 1-5Y ESG Idx RE Acc
Fund
ISIN LU1525412877 / Valor 34736454
NAV (2024-12-19)
EUR 102.00-0.13%
Amundi Index Solution - AMUNDI EUR Corp BD 1-5Y ESG Idx RE Acc
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General Objective
The objective of this fund is to track the performance of Bloomberg MSCI Euro Corporate 1-5 Year ESG Sustainability SRI Bond Index and minimize the tracking error between the net asset value of the fund and the performance of the index.
Fund Exposure
This fund is exposed to Euro corporate bonds with a maturity of 1-5 years that meet ESG sustainability criteria. The fund aims to achieve its objective by investing in a diversified portfolio of bonds that align with the index it tracks.
Risks
The main risks associated with this fund include market risk, credit risk, interest rate risk, and tracking error risk. Market risk refers to the potential for losses due to market movements, while credit risk is the risk of default by bond issuers. Interest rate risk arises from changes in interest rates impacting bond prices, and tracking error risk relates to the fund's ability to accurately mirror the performance of its benchmark index.