
Amundi Index Solutions - USD Flo Rate Corp Bd ESG UCITS ETF (Acc) (FRNU.DE)
ETF overview
This ETF is designed to mirror, as accurately as possible, the performance of the Total Return iBoxx MSCI ESG USD FRN Investment Grade Corporates TCA Index, regardless of market direction. It provides investors with exposure to USD-denominated, investment-grade floating rate notes issued by corporate entities based in developed countries. A crucial part of its strategy involves screening out companies involved in specific sectors, including adult entertainment, alcohol, civilian firearms, controversial and conventional weapons, gambling, genetically modified organisms (GMO), nuclear power, nuclear weapons, tobacco, oil sands, and thermal coal. Furthermore, all eligible issuers must maintain a minimum MSCI ESG rating of BBB. For a comprehensive understanding of the index rules, please refer to the fund's prospectus or www.ihsmarkit.com.
Fund facts
- Expense ratio
- 0.18%
- Fund assets
- 984.97M USD (all share classes)
- Issuer
- Amundi
- Inception date
- Apr 4, 2018
- Number of holdings
- 420
Breakdown
Holdings (420)
| Name | Ticker | Weight |
|---|---|---|
| AMAZON.COM IN FRN Mar28 | 0.78% | |
| CBAAU Float 03/14/30 | 0.72% | |
| HSBC HOLDINGS FRN May31 | 0.61% | |
| HSBC HOLDINGS FRN Mar32 | 0.60% | |
| AUST & NZ BAN FRN Jul27 | 0.58% | |
| WESTPAC BANKI FRN Jun31 | 0.54% | |
| CITIBANK NA FRN May27 | 0.50% | |
| SUMITR Float 03/13/30 | 0.50% | |
| ABBOTT LABS FRN Mar29 | 0.49% | |
| HSBC HOLDINGS FRN Aug32 | 0.48% | |
| and 407 more | ||
Similar ETFs
- iShares Floating Rate Bond ETFFLOT · Overlap 40% · Expense ratio 0.15%
- State Street SPDR Bloomberg Investment Grade Floating Rate ETFFLRN · Overlap 40% · Expense ratio 0.15%
- VanEck IG Floating Rate ETFFLTR · Overlap 40% · Expense ratio 0.14%
- iShares $ Floating Rate Bond UCITS ETFFLOA.L · Overlap 40% · Expense ratio 0.10%
- Fidelity Low Duration Bond Factor ETFFLDR · Overlap 35% · Expense ratio 0.15%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.

Amundi Index Solutions - USD Flo Rate Corp Bd ESG UCITS ETF (Acc) (FRNU.DE)
- Expense ratio
- 0.18%
- Fund assets
- 984.97M USD (all share classes)
- Issuer
- Amundi
- Inception date
- Apr 4, 2018
- Number of holdings
- 420
| Name | Ticker | Weight |
|---|---|---|
| AMAZON.COM IN FRN Mar28 | 0.78% | |
| CBAAU Float 03/14/30 | 0.72% | |
| HSBC HOLDINGS FRN May31 | 0.61% | |
| HSBC HOLDINGS FRN Mar32 | 0.60% | |
| AUST & NZ BAN FRN Jul27 | 0.58% | |
| WESTPAC BANKI FRN Jun31 | 0.54% | |
| CITIBANK NA FRN May27 | 0.50% | |
| SUMITR Float 03/13/30 | 0.50% | |
| ABBOTT LABS FRN Mar29 | 0.49% | |
| HSBC HOLDINGS FRN Aug32 | 0.48% | |
| and 407 more | ||
This ETF is designed to mirror, as accurately as possible, the performance of the Total Return iBoxx MSCI ESG USD FRN Investment Grade Corporates TCA Index, regardless of market direction. It provides investors with exposure to USD-denominated, investment-grade floating rate notes issued by corporate entities based in developed countries. A crucial part of its strategy involves screening out companies involved in specific sectors, including adult entertainment, alcohol, civilian firearms, controversial and conventional weapons, gambling, genetically modified organisms (GMO), nuclear power, nuclear weapons, tobacco, oil sands, and thermal coal. Furthermore, all eligible issuers must maintain a minimum MSCI ESG rating of BBB. For a comprehensive understanding of the index rules, please refer to the fund's prospectus or www.ihsmarkit.com.
- iShares Floating Rate Bond ETFFLOT · Overlap 40% · Expense ratio 0.15%
- State Street SPDR Bloomberg Investment Grade Floating Rate ETFFLRN · Overlap 40% · Expense ratio 0.15%
- VanEck IG Floating Rate ETFFLTR · Overlap 40% · Expense ratio 0.14%
- iShares $ Floating Rate Bond UCITS ETFFLOA.L · Overlap 40% · Expense ratio 0.10%
- Fidelity Low Duration Bond Factor ETFFLDR · Overlap 35% · Expense ratio 0.15%
Overlap is the share of assets the two funds hold in common.
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