About the Strategy
Our Amundi US Multi-Asset Ultrashort Income Strategy seeks to obtain a high level of current income. The Strategy invests at least 80% in floating rate instruments and at least 80% in investment grade securities.
Benchmark
ICE BofA US 3-Month Treasury Bill Index
Inception Date
May 1, 2011
Vehicles
Separate Account
Mutual Fund
Our Amundi US Multi-Asset Ultrashort Income Strategy is a US multi-sector income strategy that utilizes a diversified1 three-tiered approach to investing with the goal of achieving higher yields and lower volatility relative to its peer universe.
1Diversification does not guarantee a profit or protect against a loss.
Overview
- Diversifies across many different US dollar fixed income asset classes, sectors, credit ratings, and security structures
- Focuses on senior securities within each asset class and structure in an effort to create a high quality portfolio
Why Amundi US?
The Strategy is managed within a strong fixed income investment culture focused on sound, fundamental research. Key features of the Amundi US Multi-Asset Ultrashort Income Strategy include:
- Three separate risk pools:
- Liquidity: money market securities, US Treasuries and agency notes
- Intermediate: corporate bonds, agency mortgage-backed securities, asset-backed securities and limited use of municipal bonds
- Core: holdings that generally offer lower liquidity, but afford the portfolio managers what we believe are the best opportunities to add yield and alpha to the portfolio, including non-agency asset-backed securities / mortgage-backed securities, bank loans, corporate bonds and event-linked (catastrophe) bonds
- Diversification: Invests across many different US dollar fixed income asset classes, sectors, credit ratings, and security structures
- Ultrashort duration target: Seeks to keep duration short of 0.25 years
- High quality portfolio: Focuses on senior securities within each asset class and structure
Portfolio Management
|
Jonathan Sharkey Senior Vice President |
Nicolas Pauwels, CFA Vice President |
Noah Funderburk, CFA Senior Vice President |
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This information is exclusively intended for “Professional” investors within the meaning Directive 2014/65/EU of the European Parliament and the Council of 15 Many 2014 on Markets in Financial Instruments (as amended) (MIFID II). It is not intended for the general public or for non-professional individual investors within the meaning of all local regulations, or for “US Persons”, as defined in the Securities and Exchange Commission’s “Regulation S” under the 1933 U.S. Securities Act. This non-contractual information does not under any circumstances constitute an offer to buy, a solicitation to sell, or advice to invest in financial instruments of Amundi or one of its affiliates (“Amundi”). Investing involves risks. The performance of the strategies is not guaranteed. Past performance does not predict future results. Investors may lose all or part of the capital originally invested. There is no guarantee that ESG considerations will enhance a strategy’s performance. The decision of investors to invest in the promoted strategies should take into account all characteristics of objectives of the strategies. All investors should seek professional advice prior to any investment decision, in order to determine the risks associated with the investment and its suitability. Amundi assumes no liability, either direct or indirect, resulting from the use of any of the information contained in this document, and shall not under any circumstances be held liable for any decisions taken on the basis of this information. This information may not be copied, reproduced, modified, translated or distributed, without the prior written approval of Amundi. This information is provided to you based on sources that Amundi considers to be reliable at the date of publication, and it may be modified at any time without prior notice.