Description

The Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc is engineered to accurately reflect the returns of the Euro Short-Term Rate (€STR) benchmark. The fund's core mission is to track the €STR's performance with utmost precision, irrespective of whether the market trend is upward or downward. A secondary goal is to significantly reduce any discrepancy between the Sub-Fund's net asset value and the index's performance. The expected magnitude of this tracking difference, under average market circumstances, is outlined in the Sub-Fund's official prospectus. For a deeper understanding, please refer to the fund's prospectus or its Key Information Document (KID).