Amundi Core EUR Corporate Bond UCITS ETF USD Hedged Acc

What this fund is

Amundi Core EUR Corporate Bond UCITS ETF USD Hedged Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker CBDU (ISIN LU2977997118). 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 Euro Aggregate Corporate Total Return Index Value Unhedged EUR index — the passive, low-cost approach, and its largest holdings include AB INBEV SA/N 2% Mar28 EMTN, AMAZON.COM IN 3.7% Mar35 and JPMORGAN CHAS VAR Mar30 EMTN. Spread across roughly 4141 holdings (the ten largest ≈ 0.8%), no one position makes or breaks the fund.

Its biggest country exposures are ~22.4% United States, ~18.4% France and ~13.1% Germany. Its heaviest sectors are ~43.9% Financials and ~9.9% 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 0.09% a year — about €9 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 USD. 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 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.)