As of 02/07/2024 | |||||||
---|---|---|---|---|---|---|---|
YTD | 2023 | 2022 | 2021 | 2020 | 2019 | NAV | Fund AUM |
6.10% | 3.07% | 6.71% | 7.95% | -7.97% | 4.24% | 7.12 EUR | 529.02M EUR |
![](https://static.amundi.com/amundi/var/amundi_com/storage/images/media/common/visuels-fonds/amundi-funds-ii-pioneer-u.s.-dollar-short-term/789581-2-eng-GB/Amundi-Funds-II-Pioneer-U.S.-Dollar-Short-Term_landscape_16-9ieme_418_236.jpg)
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 - July 2024
![](https://static.amundi.com/amundi/extension/ez_front_builds/design/amundi_country_build/images/notation/morningstar-3.jpg)
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