Amundi European Corporate Bonds

ETF description

This ETF focuses on investing in corporate bonds issued by companies across various sectors and regions. Corporate bonds are a type of debt security that companies issue to raise capital, and they typically pay interest to investors over a fixed period. The fund seeks to provide a stable source of income through regular interest payments from the bonds it holds, while aiming for lower risk than investing in stocks. The bonds included in the fund are investment‑grade, which means they are considered to have a relatively low risk of default.

This ETF may appeal to investors seeking steady income from corporate bonds while avoiding the higher volatility of equities. It could suit those looking to diversify their portfolios with fixed‑income securities, providing a balance of income and capital preservation.

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 Eurozone Corporate Bonds index provides investors with a focused and diversified exposure to investment‑grade corporate debt issued by companies within the Eurozone. By concentrating on high‑quality bonds from various sectors, the index balances yield potential with credit quality, making it an attractive option for those looking to enhance their fixed income portfolio.