FRNE ETF European corporate bonds at floating rates

AMUNDI floating rate EURO CORPORATE ESG UCITS ETF DR (FRNE ETF) It seeks to replicate, as closely as possible, the development of the iBoxx MSCI ESG EUR FRN Investment Grade TCA Index (Total Return Index) regardless of whether the trend is up or down.

The ETF enables investors to benefit from exposure to euro-denominated variable rate bonds (FRNs) issued by corporate issuers from developed countries, excluding those involved in adult entertainment, alcohol, civilian firearms, controversial weapons, conventional weapons, gambling, genetically modified organisms ( genetically modified organisms), nuclear power, nuclear weapons, tobacco, oil sands, and thermal coal. All issuers must have a minimum MSCI ESG rating of BBB.

Description of Amundi Floating Rate Euro Corporate ESG UCITS ETF EUR (C)

Amundi Floating Rate Euro Corporate ESG UCITS ETF EUR (C) invest in corporate bonds With a focus on Europe. The ETF maintains a full range of bond maturities. Underlying bonds have investment grade ratings. The ETF is exposed to currency risk in the Euro. The interest income (coupons) is reinvested in the (accumulated) fund.

The total cost ratio is 0.18% per annum. The fund replicates the development of the underlying index synthetically with swaps. Amundi Floating Rate Euro Corporate ESG UCITS ETF EUR (C) It is a large ETF with assets of £833 million under management. FRNE ETF is 3 years old and based in Luxembourg.

Trade the FRNE ETF

Amundi Floating Rate Euro Corporate ESG UCITS ETF EUR (C) (FRNE ETF) It is a European exchange-traded fund. This fund is traded on many different stock exchanges, such as Borsa Italiana, Deutsche Boerse Xetra and Euronext Paris. For this reason, different acronyms appear on the same ETF.

This means that it is possible to trade units in this ETF through most Swedish banks and online brokers, for example DejeroAnd nordnet And keep it up.


exchange Currency short name
Stuttgart Stock Exchange euro FRNE
Italian Stock Exchange euro AFRN
Euronext Paris euro AFRN

Leave a Reply

Your email address will not be published. Required fields are marked *