Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF Acc (FRNE.DE) XETRA

112.26

-0.035(-0.03%)

Updated at June 02 05:35PM

Currency In EUR

Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF Acc

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

April 17, 2018

Key Executives

N/A

Description

Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF Acc seeks to replicate, as closely as possible, the performance of the iBoxx MSCI ESG EUR FRN Investment Grade Corporates TCA Index (Total return index) whether the trend is rising or falling. This ETF enables investors to benefit from an exposure to euro-denominated investment grade floating rate note (FRN) bonds issued by corporate issuers from developed countries, excluding the ones that are involved in Adult Entertainment, Alcohol, Civilian Firearms, Controversial Weapons, Conventional Weapons, Gambling, Genetically Modified organisms (GMO), Nuclear Power, Nuclear Weapons, Tobacco, Oil Sands and Thermal Coal. All issuers must have minimum MSCI ESG ratings of BBB. For further information on index rules, please refer to the fund prospectus or www.ihsmarkit.com