The Amundi Smart Overnight Return UCITS ETF USD Hedged Acc is an innovative, actively managed ETF that aims to achieve short-term returns with low volatility. Below are key aspects of this ETF, including the net asset value (NAV) and performance.
Overview
- Fund Size: The ETF has a fund volume of approximately 509 million euros.
- Total Expense Ratio (TER): With a TER of 0.10% per annum, the ETF offers cost-effective investment opportunities.
- Replication Method: The use of synthetic replication enables the desired investment strategy.
- Earnings Distribution: The ETF is accumulating, meaning it reinvests earnings to increase the NAV.
Performance
- Returns: In 2024, the ETF recorded a return of +12.38%, while in 2023 it was +1.60%. Overall, the ETF has achieved a cumulative return of +23.86% since its inception.
- Volatility: Aiming for low volatility, the ETF focuses on stable returns.
Net Asset Value (NAV)
The net asset value is a key performance indicator and is calculated daily based on the current value of all fund assets. Current NAV values are available on the fund’s website and from financial data providers.
Currency Hedging
By hedging in US dollars, the ETF provides protection against exchange rate fluctuations, which is particularly advantageous for US dollar investors.
Investment Strategy
By investing in a diversified portfolio of financial instruments and pension transactions, the ETF aims for short-term returns with low volatility. This strategy targets stable returns without long-term capital commitments.
In summary, the Amundi Smart Overnight Return UCITS ETF USD Hedged Acc offers an attractive option for investors looking to invest in stable, currency-hedged assets.