Amundi Global Corporate Bond Active UCITS ETF AccIndex, costs, backtest, listings and taxation

One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.

The Sub-Fund is actively managed by reference to and seeks to outperform (after applicable fees) the Bloomberg Global Aggregate Corporate Index Total Return USD Unhedged Index (the “Benchmark”) over a recommended holding period of at least 3 years without targeting a particular level of outperformance. The Sub-Fund is mainly exposed to the issuers of the Benchmark, however, the management of the Sub-Fund is discretionary, and will be exposed to issuers not included in the Benchmark. The Sub-Fund monitors risk exposure in relation to the Benchmark however, the extent of deviation from the Benchmark may be limited. The Sub-Fund invests at least 80% of its net assets in fixed and floating rate investment grade bonds from corporate issuers across developed markets. There are no currency constraints on these investments. While complying with the above strategies, the Sub-Fund may also invest in other types of bonds, including government bonds, high-yield bonds and bonds issued by emerging market countries and in money market instruments including deposits and for up to 10% of net assets in other UCITS and undertakings for collective investment (“UCI”) in accordance with the requirements of the Central Bank. The Sub-Fund may use futures, options, forwards and/or swaps for hedging and efficient portfolio management purposes and may engage in securities financing transactions. The active investment process is dynamic and disciplined: the Investment Manager typically adjusts the balance between top‑down and bottom‑up approaches on a monthly basis, using fundamental issuer and macroeconomic analysis together with market indicators (including volatility, spread levels, sector dispersion and default expectations) to allocate across countries, sectors and credit ratings. The Sub-Fund is classified as Article 8 under Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (known as the "Disclosure Regulation"). The positive contribution of environmental, social, and governance (ESG) criteria can be taken into account in investment decisions, without necessarily being a determining factor in that decision-making.

Keep reading the KID section ▾

The Sub-Fund seeks to achieve an ESG score of its portfolio greater than that of the Benchmark. The Sub-Fund does not target any particular greater level of ESG score compared to the Benchmark.

Intended Retail Investor:This product is intended for investors, with a basic knowledge of and no or limited experience of investing in funds seeking to increase the value of their investment over the recommended holding period with the ability to bear losses up to the amount invested.

Redemption and Dealing:The Sub-Fund's shares are listed and traded on one or more stock exchanges. In normal circumstances, you may deal in shares during the trading hours of the stock exchanges. Only authorised participants (e.g., selected financial institutions) may deal in shares directly with the Sub-Fund on the primary market. Further details are provided in the AMUNDI ETF II ICAV prospectus.

Distribution policy:As this is a non-distributing share class, investment income is reinvested. the accumulation share automatically retains, and reinvests, all attributable income within the Sub-Fund; thereby accumulating value in the price of the accumulation shares.

More Information:You may get further information about the Sub-Fund, including the prospectus, and financial reports which are available at and free of charge on request from: Amundi Ireland Limited at AMUNDI IRELAND LIMITED, One George's Quay Plaza, George's Quay, Dublin 2, Ireland.

Countries