Description

The Amundi US Treasury Bond 3-7Y UCITS ETF Dist's primary objective is to closely mirror the investment results of the Bloomberg Barclays US Treasury 3-7 Year Index, its designated benchmark. This dollar-denominated index comprises US Treasury bonds with maturities ranging from three to seven years. The fund strives to achieve this close alignment regardless of overall market direction (whether prices are rising or falling), while simultaneously working to reduce the deviation between its own returns and those of the index, commonly known as "tracking error." For a full explanation of the index's methodology and rules, please consult the fund's official prospectus or Key Information Document (KID).