The Amundi Index Euro Corporate SRI 0-3Y – UCITS ETF (ECRP3) is listed on Euronext Paris with a total expense ratio (TER) of 0.12%.
Tracking the Bloomberg Barclays MSCI Euro Corporate ESG BB+ Sustainability SRI 0-3 Year index, ECRP3 offers investors exposure to euro-denominated corporate bonds with a maturity between 0 and 3 years from issuers with strong ESG ratings.
Issuers involved in alcohol, tobacco, military weapons, civilian firearms, gambling, adult entertainment, GMO and nuclear power are excluded.
Fannie Wurtz (pictured), head of Amundi ETF, Indexing & Smart Beta, commented: “This launch demonstrates our commitment to meet the growing investor demand for passive solutions with ESG filters at very competitive prices.”
Amundi's range of low carbon and SRI equity and fixed income ETFs started in 2015 which now totals seven products.