Description

The Amundi Multi-Asset Portfolio Offensive UCITS ETF Dist fund of funds combines the advantages of passive, low-cost and quickly tradable ETFs with the advantages of a broadly diversified fund of funds. The objective of this multi-asset strategy is to achieve continuous capital appreciation through broad diversification across different asset classes, geographic regions, sectors and currencies. Due to the Portfolio Offensive ETF's investment in various ETFs and the resulting underlying diversification across a large number of securities, a strong diversification of the investment results. The Portfolio Offensive ETF follows fixed allocation rules and is not actively managed by market assessments. The composition of the ETF corresponds to a breakdown into 80 percent equities, 10 percent high-yield bonds and 10 percent commodities. While the globally diversified equity component reflects the performance of several hundred companies, the bond component focuses on high-yield bonds issued in euros. The commodities component covers the commodity groups of precious and industrial metals as well as the energy sector. As part of the rebalancing process, the allocation is adjusted to the original weighting once a year in the spring.