Amundi launches short-term US government bonds ETF on Xetra
Amundi has launched a new short-tern US government bonds ETF with currency hedging on Xetra and Börse Frankfurt.
The Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR - Hedged EUR (C) gives investors the opportunity to invest in US dollar-denominated government bonds issued by the US Treasury. The remaining term of the included bonds is between one and twelve month(s) and they must have an outstanding volume of at least USD 250 million.
Investors are hedged against currency risk to the Euro. Any coupon payments are reinvested. The annual costs amount to 0.07 per cent.