Amundi launches four new ETFs on Xetra
Amundi has launched four new ETFs on Xetra and Börse Frankfurt, one focused on sustainable corporate bonds, one on expected US consumer proice inflation plus two smart technology theme funds.
The Amundi Index Euro Corporate SRI 0-3Y - UCITS ETF DR (C) enables investors to participate in the performance of sustainable corporate bonds denominated in euro. The fund tracks the Bloomberg Barclays MSCI Euro Corporate ESG BB+ Sustainability SRI 0-3 Year Index and invests only in investment grade securities with a residual maturity of up to three years. In addition, sector-related and sustainable criteria according to the MSCI ESG rating are applied for the admissibility of the securities.
The Amundi Index Breakeven Inflation USD 10Y - UCITS ETF DR (C) offers investors the opportunity to participate in the development of expected consumer price inflation in the US over the next ten years. The underlying bond index takes long positions in US Treasury Inflation Protected Securities (TIPS) with an average maturity of ten years and a short position in the Ultra 10-Year Treasury Note Futures contract. Expected consumer price inflation is estimated using the yield spread of the two positions.
The two new theme ETFs focus on smart technologies.
With the Amundi Smart Factory UCITS ETF - EUR (C), investors can focus specifically on companies that are active in sectors with the "Smart Factory" theme. In general, this means the transformation of production and the industrial market through new technologies and innovations. Accordingly, the ETF invests in companies in the categories Advanced Robotics, Cloud and Big Data, as well as Cyber Security, Augmented Reality, 3D Printing and Internet of Things (IoT).
The Amundi Smart City UCITS ETF - EUR (C) also tracks the performance of companies linked to the development of tomorrow's cities. This includes in particular companies operating in one of the following categories: public infrastructure, technology, e-commerce, smart home, entertainment and health.