A new exchange-listed bond index fund issued by Amundi – the Amundi ETF Floating Rate USD Corporate UCITS ETF – has begun trading in Deutsche Börse’s XTF segment. The ETF is tradable via Xetra and Börse Frankfurt.
The new ETF gives investors access to the performance of corporate bonds denominated in US dollars which are issued by companies in industrialised countries and have a variable rate of interest. The reference index comprises a minimum of 40 and a maximum of 100 bonds, which are each weighted on the basis of their market capitalisation. The total weighting per issuer is limited to five percent.
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,069 exchange traded funds. This selection, together with an average monthly trading volume of around EUR13 billion, makes Xetra Europe’s leading trading venue for ETFs.
