Amundi Global Aggregate Proceeds Bond 1-10Y UCITS ETF CHF Hedged Dist

What this fund is

Amundi Global Aggregate Proceeds Bond 1-10Y UCITS ETF CHF Hedged Dist is an exchange-traded fund (ETF) from Amundi, traded under the ticker XCO2D (ISIN LU1981860742). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. 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, spread broadly across markets worldwide. It follows the Bloomberg MSCI Global Green Bond 1-10 Year Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include UNITED KINGDO TSY 0.875% 31Jul33, EUROPEAN UNIO 2.75% 04Feb33 and REPUBLIC OF I BTPS 4% 30Apr35. With about 280 holdings (the ten largest ≈ 14%), your money is diversified rather than concentrated in a handful of names.

Its biggest country exposures are ~24.8% Germany, ~11.2% France and ~9.4% Supranationals. By industry it concentrates most in ~46.9% Government and ~31.8% Financials. 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 0.15% a year — about €15 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 2.67% (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 CHF. Its price has swung about 1.9% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2022. 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.)