Amundi Smart Overnight Return UCITS ETF Acc

What this fund is

Amundi Smart Overnight Return UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker LYOR (ISIN LU1190417599). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about very short-term, cash-like instruments, aimed at protecting your money and earning a little interest rather than growing it, spread across its target market. It follows the ESTR Compounded Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down.

Funds like this are often used as the steadier, lower-swing part of a portfolio — the ballast that cushions the ups and downs of shares. Its ongoing charge (TER) is 0.1% a year — about €10 a year on a €10,000 holding, taken automatically from the fund. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. It tracks its index through a swap agreement rather than owning every holding (synthetic replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR.

Its price has swung about 0.4% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2025. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Amundi.)