Amundi launches 7- to 10-year US treasuries ETF with currency hedging on Xetra
A new exchange traded fund issued by Amundi – the Amundi US Treasury 7-10 UCITS ETF (DR) – Hedged EUR (C) – is now trading on Xetra and Börse Frankfurt.
The Amundi US Treasury 7-10 UCITS ETF (DR) – Hedged EUR (C) gives investors access to fixed-income and US dollar-denominated US government bonds. In addition to an investment grade rating, the debt instruments must have a minimum outstanding volume of USD1 billion.
Only bonds with a maturity term of at least seven and a maximum of ten years are considered. Currency risks against the euro are minimised.