Amundi Euro Government Bond

ETF description

This ETF provides exposure to government bonds issued by countries in the eurozone. These bonds are essentially loans provided to governments, which in turn pay regular interest to the lender and promise to repay the original loan amount at maturity. The bonds included in this ETF come from a range of eurozone countries, and the selection focuses on those with varying maturities, allowing for a mix of short‑term and longer‑term debt.

The ETF is designed for investors who want to include eurozone government bonds in their portfolio, often as a way to seek stability or balance against other, riskier investments. Government bonds are typically considered lower‑risk than corporate bonds or stocks, as they are backed by national governments. However, the performance of this ETF can be influenced by factors such as changes in interest rates, economic conditions in the eurozone, and the creditworthiness of the issuing governments.

Issuer details

Amundi Asset Management is the largest asset manager in Europe, with over €2 trillion in assets under management as of June 2024. Amundi offers a comprehensive range of investment products, including ETFs, mutual funds, active management, and alternative investments, covering a wide array of market segments such as equities, fixed income, multi‑asset, alternatives, and ESG (Environmental, Social, Governance). Founded in 2010 through the merger of the asset management arms of Crédit Agricole and Société Générale, Amundi has a strong commitment to ESG investing and innovation, striving to deliver cost‑efficient solutions to its clients. With an extensive global presence, Amundi’s notable ETFs include the Amundi MSCI World UCITS ETF and the Amundi Prime Global UCITS ETF, highlighting its dedication to providing diversified and sustainable investment options.

Index details

The Bloomberg Euro Treasury 50bn 25+ Year Bond Index measures the performance of investment grade, EUR‑denominated, fixed rate government debt with at least 25 years remaining to maturity. Eligible countries currently include: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Netherlands, Portugal, and Spain.