Description

This UCITS-compliant Exchange Traded Fund, the Amundi Euro Government Bond 5-7Y (DR) UCITS ETF - Dist, is designed to mirror the performance of the Bloomberg Barclays Euro Treasury 50bn 5-7 Year Bond Index. The underlying index comprises euro-denominated government bonds issued by member states of the European Monetary Union, provided those nations have at least €50 billion worth of government bonds outstanding. For inclusion, individual bond securities must possess a maturity period falling between five and seven years, and each must have a minimum issuance size of €300 million. Consistent with other Amundi ETFs, this fund offers an efficient, transparent, liquid, and economical avenue for investing in its target benchmark.