New Products
Amundi ETF Lists 20 New Products In Germany
Amundi ETF, the asset management joint venture between Crédit Agricole and Société Générale, has listed 20 new products on Deutsche Börse Xetra, including two new ranges of short fixed-income and commodity ETFs.
The six short fixed income ETFs are intended to give investors a daily inverse exposure to the eurozone government bond market to capitalise on a potential rise in interest rates. It includes six products which replicate a family of Short EuroMTS Eurozone government broad indices of all maturities and buckets of maturities ranging from 1 to 15 years, enabling investors to take positions on all or part of the eurozone interest rate curve, the firm said in a statement.
Also among the new products are four commodity ETFs aimed at investors looking for exposure to mainstream commodities such as agriculture, precious or industrial metals and energy.
Amundi’s ETF range currently comprises 78 products, of which 58 are available on Xetra.
News of the German listings follows Amundi’s announcement last week that it had listed 13 sector ETFs on the Italian stock exchange – a move which boosted its number of Borsa Italiana-listed ETFs to 28.
The new listings support Amundi ETF’s European development plan and further listings on both Deutsche Börse and Borsa Italiana are planned as the firm continues to broaden its offering.