Amundi has announced the launch of the Amundi EUR Cash Active UCITS ETF, a new active money market ETF offering all types of investors access to the money market.
The firm writes that this new ETF complements Amundi’s range of active ETFs, which already includes funds designed to meet responsible investment objectives.
Amundi writes that it is a recognised leader in bond and money market management with more than EUR840 billion in assets under management, including more than EUR180 billion in money market strategies.
The firm writes: “Building on this strong track record and the excellence of its ETF platform, this new solution enables investors to add an essential building block to their portfolios, at competitive fees.
“Amundi has always been committed to providing its clients a comprehensive range of solutions- across asset classes, geographies, thematics and management styles. The launch of this active money market ETF addresses growing demand from investors seeking very low risk profiles in a format that combines the accessibility and continuous trading features of ETFs.”
Amundi writes that its range of active ETFs will continue to expand in the coming months, driven by the close collaboration between the dedicated Active & White Label ETFs team led by Gilles Dauphiné and Amundi’s active management teams responsible for alpha generation.
Gilles Dauphiné, Head of Active and White Label ETFs at Amundi, says: “True to our commitment to building the most appropriate solutions for the diverse need of investors, Amundi continues to expand its range of offerings. This launch illustrates our capacity for innovation at the service of our clients who can now access a new active money market ETF.”
Amaury D’Orsay, CIO Fixed Income & Money Market investments at Amundi, says: “This launch demonstrates our ambition to broaden access to our money market expertise — backed by over EUR180 billion in assets under management and 35 years of experience — by offering clients a solution that combines our investment know-how with the transparency and accessibility of an ETF.”
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