As of 01/12/2023 | |||||||
---|---|---|---|---|---|---|---|
YTD | 2022 | 2021 | 2020 | 2019 | 2018 | NAV | Fund AUM |
3.84% | 6.41% | 7.62% | -8.31% | 3.89% | 6.24% | 6.443 EUR | 541.82M EUR |

Seeking income in excess of money market funds
We believe that a value-oriented, total return, risk-managed approach to fixed income investing should produce competitive long-term performance. We integrate top-down views and risk management with a bottom-up valuation process.
We believe in high quality, multi-sector approach that invests in three distinct, diversified pools of risk.
Notation - December 2023

Why Now?
- With a duration target of 0.25 years, the portfolio is well-positioned for the uncertainty around interest rates.
- The portfolio's investments are focused on the short and ultra-short end of the yield curve, where interest income is high and mark-to market volatility is usually lower.
Why this Fund?
- Three separate risk pools – liquidity layer, intermediate risk layer, core risk layer
- Diversifies* across many different U.S. Dollar fixed income asset classes, sectors, credit ratings, and security structures
- High-quality Portfolio focused on senior securities within each asset class and structure Why Amundi − Seasoned investment team − Value-driven process focused on diversified asset allocation and security selection − Core competency in both corporate and mortgage credit spreads
*Prior to 17 June 2019, Amundi Funds II – Pioneer U.S. Dollar Short-term. Source: Amundi Asset Management as at 31 December 2019 1PLEASE NOTE: The Internal Guidelines referenced do not necessarily represent prospectus/statutory limitations. These internal guidelines are used as guidance in the daily management of the Portfolio’s investments. These guidelines are subject to change and should not be relied upon as a long term view of the Portfolio’s exposures, limitations, and/or risks.
²Diversification does not assure a profit or protect against loss.
3A USD share versus Morningstar category EEA OE USD Diversified Bond – Short Term universe average over 3 and 5 year time periods