Description

This Amundi UCITS exchange-traded fund (ETF) is designed to capture Euro inflation expectations across a 2-10 year timeframe. Its objective is to replicate the performance of the Markit iBoxx EUR Breakeven Euro-Inflation France & Germany Index Nominal TRI. The underlying index is structured to provide exposure to 'breakeven inflation' through a strategy that involves taking a long position in inflation-indexed government bonds issued by France and Germany, alongside a short position in conventional French and German sovereign debt with similar maturities. This ETF, consistent with other Amundi offerings, is an efficient and transparent investment vehicle listed on exchanges, known for its liquidity and competitive costs in delivering access to its benchmark.