Amundi launches Euro Ultra-Short Maturity Corporate Bond ESG ETF

Amundi has expanded its ESG ETF range, with the launch of an additional fixed income fund, the Amundi Euro Corp 0-1Y ESG - UCITS ETF DR. Listed on Xetra, the ETF is offered to investors with a competitive ongoing charge (OGC) of 0.08 per cent.

Amundi has a long heritage of bond investing over 40 years and more than EUR790 billion in fixed income assets under management. Combining this expertise with an leadership in responsible investing, Amundi is ideally positioned to accompany investors in their ESG transition, providing them with a robust range of sustainable fixed income investment solutions.

The Amundi Euro Corp 0-1Y ESG - UCITS ETF DR provides exposure to investment grade, euro-denominated bonds with an ultra-short maturity of between one month and one year along with strict ESG screening.

The fund applies exclusion filters on companies involved in controversial activities including adult entertainment, tobacco, weapons and thermal coal.

With the addition of this new fund, Amundi now offers investors the core fixed income building blocks with a high intensity ESG integration. The range now comprises exposure to Euro Aggregate SRI, Euro Corporate SRI, Euro Corporate SRI 0-3 and US Corporate SRI and ultra-short 0-1Y Euro Corporate ESG indices. All these ETFs are classified under Article 8 of SFDR.

Fannie Wurtz, Head of Amundi ETF, Indexing and Smart Beta, says: “We fundamentally believe that ETFs play an important role in democratising ESG. With this addition to our range we are empowering all investors to cost-effectively integrate ESG in this core fixed income exposure.”