Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF Acc (AFRN.PA)

This ETF endeavors to closely track the returns of the iBoxx MSCI ESG EUR FRN Investment Grade Corporates TCA Index (a total return index), aiming for precision whether market conditions are favorable or challenging. It offers investors exposure to investment-grade, euro-denominated floating rate notes (FRNs) issued by companies based in developed economies. To align with environmental, social, and governance (ESG) principles, the fund explicitly excludes companies involved in adult entertainment, alcohol, civilian firearms, controversial weapons, conventional weapons, gambling, genetically modified organisms (GMOs), nuclear power, nuclear weapons, tobacco, oil sands, and thermal coal. Additionally, all qualifying issuers must hold at least a BBB MSCI ESG rating. Further specifics regarding the index rules can be found in the fund's prospectus or on…