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Amundi EUR High Yield Corporate Bond ESG UCITS ETF Acc
Amundi EUR High Yield Corporate Bond ESG UCITS ETF Acc is an exchange-traded fund that tracks the performance of a euro-denominated high yield corporate bond index with an integrated ESG screening process. It provides investors with exposure to sub-investment grade bonds issued by European corporates, emphasizing environmental, social, and governance criteria to promote sustainable investment practices. Launched by Amundi ETF and domiciled in Luxembourg, the ETF employs a physical sampling replication strategy to closely mirror the benchmark, whether in rising or falling markets. Key features include a total expense ratio of 0.35% per annum, currency unhedged in euros, and an accumulating share class that reinvests income rather than distributing it. With assets under management around 68 million euros, it focuses on long-only strategy risk and serves as a vehicle for fixed-income portfolios seeking higher yields from high yield bonds alongside ESG considerations. This ETF plays a role in the growing sustainable fixed-income market, offering diversification within the high yield segment while aligning with responsible investment trends.