Description

The Amundi Multi-Asset Portfolio UCITS ETF Dist is a fund of funds that strategically combines the efficiency of passive, low-cost, and readily tradable ETFs with the extensive diversification benefits inherent in a fund of funds structure. This multi-asset approach aims for consistent capital appreciation through broad exposure across diverse asset classes, geographical regions, industrial sectors, and currencies. By investing in a variety of underlying ETFs, the portfolio achieves significant diversification across a vast number of individual securities. The fund operates based on predefined allocation rules and is not actively managed in response to market assessments. Its approximate composition is divided into 60% equities, 30% bonds, and 10% commodities. The global equity component is designed to reflect the performance of hundreds of companies worldwide, while the bond allocation concentrates on debt from Germany, the wider European market, and the United States. Furthermore, the commodities exposure includes precious metals, industrial metals, and the energy sector. Each spring, an annual rebalancing process adjusts the portfolio back to its original target weighting.