Amundi lists 20 ETFs in Germany

Amundi ETF has listed 20 funds on the Xetra exchange in Germany, offering short exposure to fixed income and access to commodities.

The range includes six short fixed income ETFs, providing the daily inverse performance of the eurozone government bond market.

These funds are designed for investors to take advantage of a potential rise in interest rates and therefore a decline in bond prices.

The range comprises six products which replicate Short EuroMTS Eurozone Government Broad indices.

The underlying indices encompass all maturities and buckets of maturities, spanning one to 15 years, allowing investors to take positions on all, or part, of the eurozone interest rate curve.

Amundi has also listed four ETFs tracking different commodity segments, including agriculture, precious or industrial metals and energy, within a Ucits III compliant structure.

The funds are designed to replicate a basket of commodities, precluding the need for investors to make physical purchases or use forwards contracts.

The firm says the underlying commodity prices are sustained by strong and consistent demand from emerging market countries and benefit from long-term growth prospects.

The funds are managed through synthetic replication, using a swap with Crédit Agricole to deliver the return of the equity and commodity funds and Société Générale for the fixed income ETFs.