Amundi US Treasury Bond 0-1Y UCITS ETF 2 MXN Hedged Acc

What this fund is

Amundi US Treasury Bond 0-1Y UCITS ETF 2 MXN Hedged Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker PR1MX (ISIN LU2368674714). 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 across its target market. It follows the Bloomberg Short Treasury Total Return Index Value Unhedged USD index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include THE UNITED ST TBIP % 06Aug26, THE UNITED ST TBIP % 03Sep26 and THE UNITED ST TBIP % 17Sep26. Spread across roughly 90 holdings (the ten largest ≈ 27.4%), no one position makes or breaks the fund.

By geography it is weighted towards ~100% United States. By industry it concentrates most in ~100% Government. 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 0.08% a year — about €8 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything.

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 MXN. It launched in 2021. 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.)