Amundi US Treasury Bond 0-1Y UCITS ETF SGD Hedged Acc (0NS.DE) XETRA

Currency In USD

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Amundi US Treasury Bond 0-1Y UCITS ETF SGD Hedged Acc

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

July 31, 2023

Key Executives

N/A
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Description

The AMUNDI US TREASURY BOND 0-1Y UCITS ETF SGD Hedged Acc is engineered to emulate, with the highest possible accuracy, the returns of the Bloomberg US Short Treasury hedged to SGD Index. Its objective is to achieve this performance alignment consistently, irrespective of broader market trends, whether upward or downward. A core aim is to minimize the fluctuation in the disparity between its own returns and those of the index, a metric known as "Tracking Error." The sub-fund generally targets a tracking error that will not typically surpass 1%. For comprehensive details concerning the index's rules and methodology, investors should consult the fund's prospectus or Key Information Document (KID).

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