Amundi Smart Overnight Return UCITS ETF USD Hedged Acc (SMTC.L) LSE

Currency In USD

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Amundi Smart Overnight Return UCITS ETF USD Hedged Acc

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

June 30, 2015

Key Executives

N/A
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Description

The Amundi Smart Overnight Return UCITS ETF USD Hedged Acc aims to closely mirror the performance of its benchmark, the €STR (Euro Short-Term Rate) index, regardless of market direction. A core objective is also to minimize the divergence, or "tracking error," between the Sub-Fund's net asset value (NAV) and the Index's returns. The expected range for this tracking error, under typical market conditions, is detailed in the Sub-Fund's prospectus. For complete information, please refer to the official fund prospectus or Key Information Document (KID).

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