Amundi Fds.Gl.Subordinated Bd.Z EUR/  LU2085675432  /

Fonds
NAV2024-05-08 Chg.-0.2200 Type of yield Investment Focus Investment company
1,117.7300EUR -0.02% paying dividend Bonds Worldwide Amundi Luxembourg 

Investment strategy

Seeks to increase the value of your investment (through income and capital growth) over the recommended holding period, while achieving an ESG score greater than that of its investment universe. The sub-fund is actively managed. It mainly invests in bonds, perpetual bonds and convertible bonds, issued by corporate issuers, anywhere in the world, including emerging markets. These investments are subordinated and may be below investment grade.The sub-fund may or may not hedge currency risk at portfolio level, at the discretion of the investment manager.The sub-fund uses derivatives to reduce various risks (hedging), manage the portfolio more efficiently, and gain exposure (long or short) to various assets, markets or other investment opportunities such as credit, interest rates and foreign exchange. In actively managing the sub-fund, the investment manager uses market, issuer and credit analysis to identify investments that appear to offer the best risk-adjusted returns (top-down and bottom-up approach). The investment manager pursues a flexible asset allocation strategy. The Sub-Fund is mainly exposed to the issuers of the Benchmark, however, the management of the Sub-Fund is discretionary, and will invest in issuers not included in the Benchmark. The Sub-Fund monitors risk exposure in relation to the Benchmark however the extent of deviation from the Benchmark is expected to be material.
 

Investment goal

Seeks to increase the value of your investment (through income and capital growth) over the recommended holding period, while achieving an ESG score greater than that of its investment universe. The sub-fund is actively managed. It mainly invests in bonds, perpetual bonds and convertible bonds, issued by corporate issuers, anywhere in the world, including emerging markets. These investments are subordinated and may be below investment grade.The sub-fund may or may not hedge currency risk at portfolio level, at the discretion of the investment manager.The sub-fund uses derivatives to reduce various risks (hedging), manage the portfolio more efficiently, and gain exposure (long or short) to various assets, markets or other investment opportunities such as credit, interest rates and foreign exchange.
 

Master data

Type of yield: paying dividend
Funds Category: Bonds
Region: Worldwide
Branch: Corporate Bonds
Benchmark: 37,5 % ICE BofA ML Global Hybrid Non-Financial Corporate Index, 30 % ICE BofA ML Contingent Capital Index
Business year start: 07-01
Last Distribution: 2024-03-28
Depository bank: CACEIS Bank, Luxembourg Branch
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland, Luxembourg
Fund manager: Vianney Hocquet, Jordan Skornik, Steven Fawn
Fund volume: 707.63 mill.  EUR
Launch date: 2020-01-15
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 1.00%
Minimum investment: 0.00 EUR
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Amundi Luxembourg
Address: 5 allée Scheffer, L-2520, Luxemburg
Country: Luxembourg
Internet: www.amundi.lu
 

Assets

Bonds
 
67.53%
Derivative
 
29.85%
Cash
 
2.62%

Countries

United States of America
 
35.31%
Germany
 
12.38%
Spain
 
8.19%
France
 
6.51%
Netherlands
 
5.70%
Italy
 
4.75%
Canada
 
4.28%
United Kingdom
 
3.42%
Sweden
 
2.70%
Austria
 
2.64%
Cash
 
2.62%
Others
 
11.50%