Amundi Global Aggregate Green Bond

ETF description

This ETF is designed to track the performance of green bonds issued by governments, companies, and organizations around the world. Green bonds are a type of bond specifically used to finance projects that have positive environmental benefits, such as renewable energy, clean transportation, or sustainable water management. By investing in this ETF, you are gaining exposure to a variety of bonds that support environmentally friendly initiatives.

This ETF may appeal to investors who are interested in fixed‑income investments and want to focus on sustainability. It offers an opportunity to contribute to environmentally conscious projects while still aiming for steady income from interest payments, like traditional bonds.

Issuer details

Lyxor Asset Management, established in 1998, is a prominent European asset management firm. It’s known for its pioneering role in the ETF market in Europe and offers a broad range of investment products, including ETFs, active management, and alternative investment solutions. Lyxor was originally a subsidiary of Société Générale, one of the largest financial services groups in Europe. However, in 2021, it was acquired by Amundi, enhancing Amundi’s position as the largest asset manager in Europe.

Lyxor are one of the top ETF providers in Europe.

Index details

The Solactive Green Bond EUR USD IG Index, a benchmark of EUR and USD denominated investment‑grade green bonds issued by sovereigns, supranationals, development banks and corporates. Green bonds are fixed income securities whose proceeds are solely dedicated to the financing of eligible green projects focused on climate mitigation or adaptation efforts. The index constituents are labelled green bonds defined as eligible for index inclusion by the Climate Bonds Initiative, an independent not‑for‑profit organisation dedicated to the promotion of investments for a low carbon and climate‑resilient economy