New money market ETF from Amundi on Xetra: Access to the short-term reference interest rate of the FED
New money market ETF from Amundi on Xetra: Access to the short-term reference interest rate of the FED
A new exchange traded fund from Amundi Asset Management has been tradable on Xetra and Börse Frankfurt.
The Amundi Fed Funds US Dollar Cash UCITS ETF tracks the performance of a cash deposit at the short-term reference interest rate of the Federal Reserve (US central bank). The interest earned is reinvested daily in the cash deposit. The Solactive Fed Funds Effective Rate Index serves as the reference index.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Amundi Fed Funds US Dollar Cash UCITS ETF Acc | Fixed Income ETF | 0.10 per cent | Accumulating | Solactive Fed Funds Effective Rate Total Return Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,166 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.