Paris-based asset manager Amundi has launched a range of four fixed maturity ETFs, designed to combine yield predictability with access to euro-denominated government bonds, so-called euro govies.
The ETFs will have a management fee of 0.09% and will mature like a bond. The ETFs will seek to mimic FTSE Russell indices with exposure to euro-denominated government bonds maturing in 2027 or 2028.
Benoit Sorel, head of ETF, indexing & smart beta at Amundi, said: “These new ETFs will enable us to meet our clients’ demand for nimble solutions, capturing today’s yield levels to finance tomorrow’s projects.”
