Description

This UCITS-regulated Amundi exchange-traded fund (ETF) seeks to replicate the performance of the MTS Mid Price Highest Rated Macro-Weighted All-Maturity (EUR) benchmark index. This Euro-denominated index (Bloomberg Code: FMMPHRG5) measures the returns of government debt from Eurozone countries with the strongest credit ratings, with constituent bonds assigned weightings based on specific macroeconomic indicators. As is characteristic of Amundi ETFs, this product provides investors with an efficient, transparent, liquid, and cost-effective means of gaining market exposure to its underlying benchmark through exchange trading.