Amundi EUR Corporate Bond ESG UCITS ETF DR (D)

What this fund is

Amundi EUR Corporate Bond ESG UCITS ETF DR (D) is an exchange-traded fund (ETF) from Amundi, traded under the ticker DECR (ISIN LU1737653987). 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 lending to governments and companies in return for regular interest, which tends to be steadier than shares but grows more slowly, focused on the European market. Rather than a manager picking stocks, it simply replicates the Bloomberg MSCI ESG Euro Corporate Select Index index — the passive, low-cost approach, and its largest holdings include JPMORGAN CHAS VAR Mar30 EMTN, BANCO SANTAND 4.875% Oct31 EMTN and UBS GROUP VAR Mar29. With about 3046 holdings (the ten largest ≈ 1%), your money is diversified rather than concentrated in a handful of names.

Its biggest country exposures are ~21.6% United States, ~19.1% France and ~11.4% Germany. By industry it concentrates most in ~55.4% Financials and ~8% Consumer Discretionary. 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 0.14% a year — about €14 a year on a €10,000 holding, taken automatically from the fund. It is a distributing share class — dividends are paid to you as cash rather than reinvested, and over the last year it paid out roughly 2.49% (its trailing yield).

It holds the underlying investments directly (physical 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 3.1% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2017. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Amundi.)