Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF Acc (FRNE.DE)

ETF profile
Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF Acc logo

Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF Acc (FRNE.DE)

Country: LUSector: Financial ServicesIndustry: Asset Management - BondsExchange: XETRA

Company overview

This ETF aims to accurately mirror the performance of the iBoxx MSCI ESG EUR FRN Investment Grade Corporates TCA Index (a total return index), whether the market is advancing or declining. It offers investors exposure to investment-grade corporate bonds, denominated in euros, that feature floating interest rates, issued by companies based in developed countries. Excluded from this selection are corporations involved in adult entertainment, alcohol, civilian firearms, controversial or conventional weapons, gambling, genetically modified organisms (GMO), nuclear power, nuclear weapons, tobacco, oil sands, and thermal coal. A mandatory requirement is that all eligible issuers must possess a minimum MSCI ESG rating of BBB. For a complete understanding of the index rules, consult the fund's prospectus or www.ihsmarkit.com.

SectorFinancial Services
IndustryAsset Management - Bonds
CountryLU
Trades inEUR
Current price
113.10-0.04%
Benchmarks

No price history available.

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF Acc (FRNE.DE)

FRNE.DE · XETRA · Financial Services
113.10-0.04%
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No price history available.

About

This ETF aims to accurately mirror the performance of the iBoxx MSCI ESG EUR FRN Investment Grade Corporates TCA Index (a total return index), whether the market is advancing or declining. It offers investors exposure to investment-grade corporate bonds, denominated in euros, that feature floating interest rates, issued by companies based in developed countries. Excluded from this selection are corporations involved in adult entertainment, alcohol, civilian firearms, controversial or conventional weapons, gambling, genetically modified organisms (GMO), nuclear power, nuclear weapons, tobacco, oil sands, and thermal coal. A mandatory requirement is that all eligible issuers must possess a minimum MSCI ESG rating of BBB. For a complete understanding of the index rules, consult the fund's prospectus or www.ihsmarkit.com.

SectorFinancial Services
IndustryAsset Management - Bonds
CountryLU
Trades inEUR

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

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