Amundi USD Floating Rate Corporate Bond ESG UCITS ETF EUR Hedged Acc (FRNH.DE) XETRA

56.19

+0.052(+0.09%)

Updated at May 13 05:36PM

Currency In EUR

Amundi USD Floating Rate Corporate Bond ESG UCITS ETF EUR Hedged Acc

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

April 06, 2018

Key Executives

N/A

Description

Amundi USD Floating Rate Corporate Bond ESG UCITS ETF EUR Hedged Acc seeks to replicate, as closely as possible, the performance of the iBoxx MSCI ESG USD FRN Investment Grade Corporates TCA Index (Total return index) whether the trend is rising or falling and has a monthly currency hedging in EUR. This ETF enables investors to benefit from an exposure to USD 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