24.09.2019

Amundi adds new US corporate bonds exposure as assets in its low-cost Prime ETF range pass €500m

London – 24 September 2019 – Following the success of Amundi’s Prime ETF range, which launched back in mid-march, and already holds more that €500m[1] in Assets Under Management, Amundi  announces a new addition to the Prime range: the Amundi Prime US Corporates – Ucits ETF DR with an ongoing charge of 0.05%[2].

Fannie Wurtz, Head of Amundi ETF, Indexing and Smart Beta, said“Investors’ search for yield means Corporate bonds have been the most popular part of Europe’s ETF market this year. We already offered Euro Corporate bonds at 0.05%, but now our clients also demand ultra-low cost US credit exposure. That is why we decided to create a Prime US Corporates ETF, Europe’s lowest cost US Corporate bond ETF[3], to ensure we could better serve our investors.”

Amundi’s Prime ETF range aims to offer investors the lowest possible cost exposure to the key building blocks of a diversified portfolio. The 10 ETFs in Amundi’s Prime range cover both fixed income and equity markets from the world, Europe, USA, and Japan. They all have the same ongoing charge of 0.05%, use physical replication and track indices from Solactive[4], a well-established and cost-efficient index provider. Additionally, as with all Amundi ETFs, the Prime range excludes controversial weapon providers.

This new ETF was listed today on Xetra – the German stock exchange - and will soon be listed on LSE and Borsa Italiana.

 

r9d5gdmbso-image-20190924111856-1.png

 

  1. ^ [1] Amundi as of End August 2019
  2. ^ [2] Ongoing charges - annual, all taxes included. For Amundi ETF funds, the ongoing charges correspond to the Total Expense Ratio. The ongoing charges represent the charges taken from the fund over a year. When the fund has not closed its accounts for the first time, the ongoing charges are estimated. It compares the annual total management and operating costs (all taxes included) charged to a fund against the value of that fund's assets. Transaction cost and commissions may occur when trading ETFs.
  3. ^ [1] Source: Amundi ETF at launch date
  4. ^ [3] For further information on the index provider, please consult www.solactive.com

Having been a pioneer of the European ETF market, Amundi ranks among the top four European ETF providers, with more than €47,5bn in assets under management[1]. Amundi ETF offers investors a broad range of more than 130 ETFs characterized by continuous innovation and competitive prices.

Dedicated teams are located in major European countries and rely on a wide network of “Authorised Participants” (more than 65 market makers).

 

 

  1. ^ [1] Source: Amundi ETF as of August 2019

Amundi is Europe’s largest asset manager by assets under management and ranks in the top 10[1] globally. It manages 1,487 billion[2] euros of assets across six main investment hubs[3]. Amundi offers its clients in Europe, Asia-Pacific, the Middle East and the Americas a wealth of market expertise and a full range of capabilities across the active, passive and real assets investment universes. Clients also have access to a complete set of services and tools. Headquartered in Paris, Amundi was listed in November 2015.

Thanks to its unique research capabilities and the skills of close to 4,500 team members and market experts based in 37 countries, Amundi provides retail, institutional and corporate clients with innovative investment strategies and solutions tailored to their needs, targeted outcomes and risk profiles.

Amundi. Confidence must be earned.

Visit amundi.com for more information or to find an Amundi office near you.

 

7 Amundi figures as of June 30, 2019

  1. ^ [1] Source IPE “Top 400 asset managers” published in June 2019 and based on AUM as of end December 2018
  2. ^ undefined
  3. ^ [3] Investment hubs: Boston, Dublin, London, Milan, Paris and Tokyo

This document is not intended for use by residents or citizens of the United States of America and “U.S. Persons” as defined by Regulation S of the Securities and Exchange Commission by virtue of the U.S. Securities Act of 1933. You can find the definition of “U.S. Person” in the legal notices of the website: www.amundi.com website and in the prospectus of the fund described in this document.

Promotional, non-contractual information not constituting investment advice or recommendation or solicitation to buy or sell.

Before subscribing, potential investors must consult the regulatory documentation of the Funds approved by the AMF, including the current Key Investor Information Document (KIID) available on the website www.amundi.com or upon request from the registered office of Amundi AM.

Investment in a Fund carries a substantial degree of risk (i.e. risks are detailed in the DICI and prospectus).

The transparency policy and information on the composition of Funds’ assets is available at amundietf.com. The indicative net asset value is published by stockbrokers. Information on the composition of indices is available on the websites of the index suppliers. Units in the Funds acquired on the secondary market may not, in general terms, be directly resold to the Fund.

Investors must buy and sell units on a secondary market with the assistance of an intermediary (e.g. a broker) and, in doing so, may incur costs. In addition, investors may pay more than the current net asset value when they buy units, and may receive less than the current net asset value when they sell them.

Transaction cost and commissions may occur when trading ETFs.

It is the responsibility of investors to assure themselves as to the compatibility of this investment with the laws of the jurisdiction to which they are subject and of its appropriateness to their investment objectives and financial (including tax) situation.

Information reputed exact as of September 2019.

Reproduction prohibited without the written consent of the Management Company.

Amundi ETF designates the ETF business of Amundi Asset Management.

The ETFs in the Amundi Prime range, are sub-funds of Amundi Index Solutions ( the “SICAV”), a Luxembourg fund, with a Luxembourg RCS n°B 27.804, located 5, allée Scheffer, L-2520 Luxembourg. The Funds were approved for public distribution by the Commission de Surveillance du Secteur Financier of Luxembourg.

This Document was not reviewed/stamped/approved by any Financial Authority;

Disclaimer UK

Amundi Index Solutions and the relevant sub-funds under this fund range that are referred to in this press release are recognised collective investment schemes under section 264 of the Financial Services and Markets Act 2000.

 

For Professional Clients only. This document is being issued in the United Kingdom by Amundi Asset Management London Branch, 41 Lothbury, London EC2R 7HF. Amundi Asset Management is a simplified joint stock company (Société par Actions Simplifiée) incorporated under the laws of France whose registered office is at 90, Boulevard Pasteur, 75015 Paris, France, registered with the Paris Trade and Companies Register under number 437 574 452 and authorised as a portfolio management company by the French Autorité des Marchés Financiers under number GP-04000036 and subject to limited regulation by the Financial Conduct Authority (FCA) for the conduct of investment business in the United Kingdom (through Amundi Asset Management London Branch) and entered on the FCA Financial Services Register under number 401883. This may be checked at https://register.fca.org.uk/ and details about the extent of regulation by the FCA are available on request. This document is only directed at persons who are Professional Clients (as defined in the FCA’s Handbook of Rules and Guidance), must not be distributed to the public and must not be relied or acted upon by any other persons.

Disclaimer Solactive

The financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect. The Index is calculated and published by Solactive AG.  Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the Issuer, Solactive AG has no obligation to point out errors in the Index to third parties including but not limited to investors and/or financial intermediaries of the financial instrument. Neither publication of the Index by Solactive AG nor the licensing of the Index or Index trade mark for the purpose of use in connection with the financial instrument constitutes a recommendation by Solactive AG to invest capital in said financial instrument nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in this financial instrument.