F701
•
Multi-Asset
AMUNDI MULTI-ASSET PORTFOLIO UCITS ETF DIST
TER (bps):
42
AUM (USD m):
200
ISIN:
DE000ETF7011
Domicile:
Germany
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Global
As of:
14 Nov 2024
Climate Fund:
No
Benchmark
The Amundi Multi-Asset Portfolio UCITS ETF Dist combines the advantages of competitively priced, passively managed ETFs with the broad diversification of fund-of- funds. The fund invests in the three asset classes: equity, fixed income and commodities. The aim of this multi- asset strategy is to achieve a long-term growth by a broad diversification of asset classes, geographic regions, sectors and currencies. As the Lyxor Portfolio Strategy UCITS ETF invests in a number of ETFs which are already diversified, the fund-of- funds achieves an even higher diversification of its investment. The equity exposure stands at 60% and includes both developed and emerging markets. The fixed income exposure stands at 30% and contains a number of sovereign bonds and covered bonds. The commodity exposure stands at 10% and is represented by a basket of 12 commodity futures. The weight of 60%/30%/10% is rebalanced once a year to its original allocation. Moreover, an extraordinary rebalancing takes place if the equity quota deviates from the initial asset allocation by more than five percentage points.
PERFORMANCE
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