ETF sheet · Issuer-declared data

Actively managed: it does not track an index — the declared benchmark is a yardstick for comparison

🇮🇹 Effective capital-gains rate: 26.00%details →

Amundi EUR Cash Active UCITS ETF AccIndex, costs, backtest, listings and taxation

ISIN: LU3178805456Ticker: CMMF (Xetra)Issuer: AmundiClass: UCITS ETF Acc

Eurozone Money market actively managed; the declared benchmark, ESTR Compounded Index, is a yardstick, accumulating. Share class in euro (EUR).

0.10% + 0.00%

TER + KID transaction costs ✓ declared by the issuer

126

rows published by the issuer · holdings ↓ ✓ declared by the issuer

369 m €

share-class assets ✓ declared by the issuer

Every figure carries its provenance: ✓ declared by the issuer in its documents · ≈ computed by Rebalix on the declared data.

Fund

Name

Amundi EUR Cash Active UCITS ETF Acc

Declared index

ESTR Compounded Index

Management

Active management (from the KID)

Replication

Physical

Money market fund (ESMA register)

Authorised — Standard VNAV (EU Reg. 2017/1131)

SFDR

Article 8 — promotes environmental or social characteristics what does it mean?

Domicile

Luxembourg

Share class · this page

ISIN

LU3178805456 · UCITS ETF Acc

Ticker

CMMF (Xetra)

Share-class currency

euro (EUR)

TER

0.10%

Transaction costs

0.00% (issuer estimate, from the KID)

Income policy

Accumulating

Share-class assets

369.1 mln EUR

NAV

5.1 EUR (15 October 2026)

Share-class launch

4 November 2025

Data as declared by Amundi in the issuer’s official files and endpoints · collected on 17 October 2026 (monthly refresh). Facts only, no recommendation.

📬 Follow the engine as we build it

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

OverviewIn this sectionQuick reads Fund objective What changed over time Tax

Quick reads

Financials 68.2%first sector from the declared portfolio✓ declared by the issuer
126 rowspublished by the issuer; completeness of the list not declared✓ declared by the issuer
Top 10 = 25.7%of the fund✓ declared by the issuer
Effective rate 26.00%on capital gains for Italian tax residents: from the declared white-list share≈ computed by Rebalix

✓ declared by the issuer · ≈ computed by Rebalix on the declared data in our census. They describe the past and are not indicative of future results.

Description and fund objective

Amundi EUR Cash Active UCITS ETF Acc is an actively managed ETF: it does not track an index — the declared index (ESTR Compounded Index) is a comparison yardstick only. The declared annual cost (TER) is 0.10%, plus 0.00% in transaction costs estimated by the issuer in the KID. Income is accumulated and reinvested in the fund. The fund has assets of about 369 million euro, was launched on 4 November 2025 and is domiciled in Luxembourg. In our registry 2 other ETFs declare the same index.

The fund’s objective — in the issuer’s words

The Sub-Fund aims to provide returns in line with money market rates. The Sub-Fund invests at least 67% of its assets in money market instruments. The Sub-Fund maintains within its portfolio a WAM of 180 days or less and a WAL of 365 days.
Keep reading the KID section ▾
The Compartment invests no more than 30% of its assets in transferable securities and money market instruments issued or guaranteed by a country, a local public authority within the EU or an international organization to which at least one EU member belongs. The Sub-Fund may invest up to 10% of its assets in units/shares of other money market funds. The Sub-Fund may use derivatives for hedging purposes. The Sub-Fund is a financial product that promotes ESG characteristics in accordance with Article 8 of the Regulation on the publication of sustainability information in the financial services sector. The Sub-Fund may use the Euro Short Term Rate (“€STR”) a posteriori as an indicator for assessing the Sub-Fund's performance. The Sub-Fund is a “Variable NAV Money Market Fund” as defined by the EU Money Markets Funds Regulations. The Sub-Fund is actively managed. There are no constraints relative to the benchmark restraining portfolio construction. The Sub-Fund has not designed the Benchmark Index as a benchmark for the purposes of the Regulation on Sustainability Reporting in the Financial Services Sector. The Sub-Fund integrates Sustainability Factors into its investment process, as described in more detail in the “Sustainable Investment” section of the Prospectus. The investment team performs both technical and fundamental analysis, including credit analysis, to select issuers and short-term securities while building a high-quality portfolio focused on liquidity and risk management. The Sub-Fund strives to ensure that the ESG rating of its portfolio is higher than that of its investment universe.
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 and who are prepared to take on a medium level of risk to their original capital.
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 SubFund on the primary market. Further details are provided in the Amundi Index Solutions prospectus.
Distribution policy:As this is a non-distributing share class, investment income is reinvested. the accumulation share automatically retains, and re-invests, 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 Luxembourg S.A. at 5, allée Scheffer 2520 Luxembourg, Luxembourg.

From the KID’s “Objectives” section · KID acquired on 4 August 2026 · original document ↓

Text generated from the data the issuer declares in official product lists. No recommendation.

What has changed in the fund over time

Every month we snapshot the register and the holdings and keep the picture. The history shows how the fund changes, not only what it is today.

Share-class launch
4 November 2025
declared by the issuer
Basket snapshots
3 monthly
since August 2026
Dated events
none so far
TER, index, name, tax: every change is an event

Open the history →

Italian taxation

Effective rate on capital gains

26.00%

White-list share

0.00%

From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.

Deep-dive into this fund’s taxation →

PerformanceIn this sectionChart Backtest

Fund performance

issuer-declared net asset value (NAV) · EUR · from Nov 2025 to Oct 2026

Adjusted for inflationCompare with the benchmark

Compare with another ETF

Only funds we hold a history for. Three at a time, at most.

Return

+2.1%

Annualised

+2.2%

Volatility (ann.)

0.1%

Max drawdown

-0.01%

11 Nov 2025 → 16 Oct 202611 months · +2.1%

Accumulating class: income is reinvested inside the fund and already reflected in the NAV; no distribution is left out of the chart.

Calculations on the NAV: issuer total-return series not available.

Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.

Max drawdown

-0.01%

peak → trough

Trough

02 Dec 2025

from the 01 Dec 2025 peak

Recovery time

1 day

recovery only: trough to break-even

Underwater

2 days

decline + recovery: peak to break-even · → recovered on 03 Dec 2025

Calendar-year returns

2025

0.3%

launch 4 Nov, series from 11 Nov

2026

1.8%

2025: the share class was launched on 4 November 2025 and the available series starts on 11 November 2025; the return runs from that date (not from launch) to 31 December 2025 and is not a full year.

Month-by-month returns

2026Year 1.8%

Jan

0.2

Feb

0.2

Mar

0.2

Apr

0.2

May

0.2

Jun

0.2

Jul

0.2

Aug

0.2

Sept

0.2

Oct

0.1

Nov

Dec

2025Year 0.3%(from 11 Nov)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sept

Oct

Nov

Dec

0.2

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Oct	Nov	Dec	Year
2026	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.1			1.8
2025												0.2	0.3(from 11 Nov)

From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested: where declared). Deeper colour = larger move.

Method and sources

Source: Amundi. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available August 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

RiskIn this sectionRisk

Risk indicators· EUR

Full history

Volatility (ann.)0.09%

Max drawdown-0.01%

Sharpe-0.67

Sortino-1.24

	Full history
Volatility (ann.)	0.09%
Max drawdown	-0.01%
Sharpe	-0.67
Sortino	-1.24

Windows longer than the available price history cannot be computed and are not shown: they will appear on their own as time passes. Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.26%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR, the fund's currency; the table follows the currency selected in the chart.

PortfolioIn this sectionHoldings

Portfolio holdings

Rows in the published list

126

Top-10 weight

25.7%

Top 10 holdings

DAT 01/10/26 BSCH EUR F 2.44

6.04%

FRANCE OAT 2% 25May48 · AN6136328

5.44%

REPUBLIC OF I 2.6% 18Oct34 · ZF2761889

2.99%

NCP 23/12/26 BBVI EUR F 2.3

2.16%

AM EURO LIQUIDITY S-T RESP - Z (C) · AMSTSZC FP

1.92%

NCP 03/09/27 BNPP EUR V ESTR OIS +0.32

1.64%

NCP 06/11/26 BFCM EUR V ESTR OIS +0.33

1.39%

NCP 01/10/26 NDA EUR V ESTR OIS +0.25

1.39%

NCP 12/01/27 CREDAGRI EUR V ESTR OIS +0.

1.38%

RCP 31/12/26 ING BK EUR V ESTR OIS +0.32

1.38%

Sectors

Financials

68.2%

O/N & Repo

16.5%

Corporate

14.1%

Govies

1.2%

Countries

up to 1%1–5%5–15%15–30%over 30%

Hover a country for its percentage.

Top 7 countries

France52.7%

Spain12.1%

Netherlands7%

Italy6.4%

Luxembourg4.4%

Ireland3.9%

United Kingdom3.1%

⬇ Download the published holdings — Excel, 126 rows

Holdings as published by Amundi, holdings as at 30 September 2026: 126 rows archived by Rebalix, summarised here. Rebalix has no statement from the issuer on the completeness of this list. Weights are reported without rescaling and may not sum to 100%. How Rebalix verifies portfolio holdings →

StructureIn this sectionIndex Same index Exchanges

Index tracked

ESTR Compounded Index

This fund belongs to the money market ETFs family: compare all census ETFs in this family →

ETFs declaring the same index

Fund	TER	Income	Fund size
Vanguard EUR Cash UCITS ETF EUR Dist compare ⇄ VCASH · Vanguard · 2 classesactive	0.07%	Dist. · Acc.	561 mln EUR
Amundi Smart Overnight Return UCITS ETF Acc compare ⇄ SMART · Amundi · 2 classes	0.10%	Acc. · Dist.	7.1 mld EUR

3 ETFs in our census declare this index (including this fund). Funds declaring the exact same index, word for word, in official product lists. Differently-worded variants (or other index versions) are not shown: a short list beats a wrong match. Sorted as follows: Milan-listed classes first, then the others; within each group by ascending TER, then by descending assets. A dash “—” = not declared by the issuer in the files we read — not a zero.

Stock exchange listings

Exchanges with a ticker available· in alphabetical order

Exchange	Ticker	Exchange source	Registered since
Börse Düsseldorf	CMMFfrom mapping	ESMA register (FIRDS)	26 Jan 2026
Börse Frankfurt	CMMFfrom mapping	ESMA register (FIRDS)	25 Nov 2025
Börse Hamburg	CMMFfrom mapping	ESMA register (FIRDS)	19 Jun 2026
Börse Hannover	CMMFfrom mapping	ESMA register (FIRDS)	27 Jan 2026
Börse München / gettex	CMMFfrom mapping	ESMA register (FIRDS)	25 Nov 2025
Börse Stuttgart	CMMFfrom mapping	ESMA register (FIRDS)	12 Dec 2025
Tradegate Exchange	CMMFfrom mapping	ESMA register (FIRDS)	27 Nov 2025
Xetra (Deutsche Börse)	CMMFfrom the issuer	ESMA register (FIRDS)	25 Nov 2025

from mapping — ticker obtained by ISIN→exchange mapping under the open FIGI standard, not read from the exchange’s list.

from the issuer — ticker declared by the issuer in its product list.

Each row is one exchange: the operator with all its markets and segments (regulated market and Freiverkehr included). “Registered since”: admission date in the ESMA register (FIRDS), not necessarily the first trading day; a dash = date not recorded in the sources.

+ 4 other trading platforms (platforms for professional participants and segments without admission to listing, such as an exchange operator’s dark books or auctions): they are not exchanges and are not listed.

Exchanges are taken from the official ESMA register (FIRDS) and, where FIRDS does not cover the exchange (London, Zurich) or does not record the current listing, from the issuers’ product lists and documents: the “Exchange source” column says so row by row. Each exchange is a single row, with all its markets and segments. Tickers come from the issuers’ product lists and tax documents or, where indicated, from ISIN→exchange mapping under the open FIGI standard (OpenFIGI). Activity on a dark book, an auction or an ancillary platform does not prove a listing on the exchange that operates it. Rebalix mainly covers venues in the European Economic Area, Switzerland and the United Kingdom: when the issuer declares current listings in other jurisdictions too, they appear with their source, outside the ESMA register perimeter. Terminated or cancelled listings are not shown. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker.

DocumentsIn this sectionDocuments FAQ

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed version ProspectusPDF in English, from the issuer’s site — the fund’s full legal document FactsheetPDF in French, from the issuer’s site — the fund’s monthly snapshot

The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Frequently asked questions

Which index does Amundi EUR Cash Active UCITS ETF Acc track?

The issuer Amundi declares the benchmark: ESTR Compounded Index.

How much does CMMF cost?

The issuer-declared TER is 0.10% per year; the transaction costs estimated in the KID are 0.00%.

How is CMMF taxed in Italy?

On sale, the capital gain is taxed at an effective 26.00% rate (white-list share 0.00%): 12.5% on the government-bond “white list” portion, 26% on the rest.

What is the fund size of CMMF?

The fund size declared by Amundi is about 369 million euro.

When was CMMF launched?

The fund was launched on 4 November 2025: it has been trading for 350 days: the page fills up as the issuer publishes data.

Is CMMF actively or passively managed?

It is an ACTIVELY managed ETF: the manager picks the holdings, it does not replicate an index. The declared benchmark (ESTR Compounded Index) is a yardstick for comparison, not an index being tracked. Exposure is obtained through physical replication (issuer wording: “Direct(Physical)”).

Does CMMF pay dividends?

No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Capitalisation”).

Where does CMMF trade?

Per the official ESMA register (FIRDS) and the issuer’s documents it is listed on 8 exchanges with a ticker available, including Börse Düsseldorf (CMMF), Börse Frankfurt (CMMF), Börse Hamburg (CMMF), Börse Hannover (CMMF), Börse München / gettex (CMMF), Börse Stuttgart (CMMF).

How many positions does CMMF publish?

The list published by the issuer and archived by Rebalix has 126 rows; the top 10 weigh 25.7%. The issuer does not declare the list as complete: rows are reported as published, weights included, even where a position has zero weight.

Transparency note

The data in this sheet is declared by Amundi in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.

Do you represent the issuer? Report a correction or an update