Description

The Amundi US$ 10Y Inflation Expectations UCITS ETF - Acc is a UCITS-compliant exchange-traded fund designed to replicate the performance of the Markit iBoxx USD Breakeven 10-Year Inflation Index. This index reflects the performance generated by maintaining a long position in the six latest issuances of 10-year U.S. Treasury Inflation-Protected Securities (TIPS) while concurrently holding a short position in U.S. Treasury bonds of similar maturities. The yield spread between these bond types is widely recognized as the 'breakeven rate of inflation,' serving as a primary measure of the market's anticipated inflation over a defined timeframe. Like all Amundi ETFs, this fund provides investors with efficient, transparent, liquid, and economical access to the underlying benchmark index.