Amundi ETF has launched a new ETF based on EuroMTS Highest Rated Government 1-3 Index on NYSE Euronext in Paris.

This ETF provides investors with exposure to the EuroMTS Highest Rated Government 1-3 Index. Reviewed on a monthly basis, this index is composed of government bonds issued by Euro Zone member states (minimum five issuers), with at least two equivalent ratings of “AAA” (by S&P, Moody’s, and Fitch) and a maturity of one to three years.

Through this index, this product is the first ETF in Europe, which enables investors to take positions on the short fixed income maturity segment in Euro Zone countries with an Investment Grade rating. It is offered with a TER of 0.14%.

The Amundi ETF fixed income range in euros already includes a product which tracks, whether the trend is rising or falling, the equivalent “all maturities” index as well as an ETF which offers an alternative solution for those, who on the contrary, wish to be exposed to countries with lower ratings within the Investment Grade universe.
 
Amundi ETF’s range therefore offers investors a wide choice of simple tools allowing simple access to implement allocation strategies, whatever their views in the fixed income Eurozone market.
 
Valérie Baudson (pictured), Managing Director of Amundi ETF, says: “This latest launch is perfectly in line with our wish to offer investors a complete range of solutions to manage their asset allocation according to their market anticipations.”
 
Amundi ETF products are available on the main European stock exchanges, with dedicated sales teams at Amundi and CA Cheuvreux.