Description

The Amundi Euro Government Green Bond (DR) UCITS ETF - Acc is a UCITS compliant exchange traded fund that aims to track the benchmark index Solactive Euro Government Green Bond Index. The benchmark index is representative of the performance of investment grade rated Green Bonds issued by European countries and denominated in EUR. Green Bonds are issued in order to fund projects that have positive environmental outcomes. To be eligible for inclusion in the index, a bond must be considered as a “Green Bond” by the Climate Bonds Initiative and meet specific criteria pertaining, in particular, to its issue size (at least 300 million outstanding amount), its issuer (countries of the Eurozone primarily), maturity (at least one year until maturity), ratings (only investment grade bonds are eligible) and denomination currency (EUR only). Amundi ETFs are efficient investment vehicles listed on exchange that offer transparent, liquid and low-cost exposure to the underlying benchmark index.