AMUNDI floating rate EURO CORPORATE ESG UCITS ETF DR – USD HEDGED (C) (AFRHU ETF) He tries to repeat, as much 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 and has a monthly USD currency hedging.
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.
Beskrivning av Amundi EUR ESG Floating Rate for Corporate UCITS ETF USD Hedging (C)
Amundi Floating Rate Euro Corporate ESG UCITS ETF USD Hedged (C) Invests in corporate bonds with a global focus. 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 0.20% per annum. The fund replicates the development of the underlying index synthetically with swaps. Amundi Floating Rate Euro Corporate ESG UCITS ETF USD Hedged (C) It is a very small ETF with €1 million of assets under management. AFRHU ETF is 1 year older and based in Luxembourg.
Trading AFRHU ETF
Amundi Floating Rate Euro Corporate ESG UCITS ETF USD Hedged (C) (AFRHU ETF) It is a European exchange-traded fund that is traded on Euronext Paris.
Euronext Paris is a market that provides access to a few Swedish banks and online brokers Dejero Do it.
| exchange | Currency | short name |
| Euronext Paris | American dollar | AFRHU |
