Amundi ETF lists one ETF on the LSE

Amundi ETF lists today one new ETF on the London Stock Exchange

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By ETFWorld.co.uk

AMUNDI FLOATING RATE USD CORPORATE ESG UCITS ETF DR – HEDGED EUR (C) seeks to replicate, as closely as possible, the performance of the iBoxx MSCI ESG USD FRN Investment Grade Corporates TCA Index (Total return index) whether the trend is rising or falling and has a monthly currency hedging in EUR.

This ETF enables investors to benefit from an exposure to USD denominated investment grade floating rate note (FRN) bonds issued by corporate issuers from developed countries, excluding the ones that are involved in Adult Entertainment, Alcohol, Civilian Firearms, Controversial Weapons, Conventional Weapons, Gambling, Genetically Modified organisms (GMO), Nuclear Power, Nuclear Weapons, Tobacco, Oil Sands and Thermal Coal.

All issuers must have minimum MSCI ESG ratings of BBB.

Source: ETFWorld.co.uk