AMUNDI CORE GBP CORPORATE BOND UCITS ETF ACC

Issuer: Amundi ETF

Asset Class: Fixed Income

TER: 9

Trading Currency: GBP

Pays Income: False

Listing Date: 12 Feb 2026

Ticker: GBBD

ISIN: LU3122198321

This fund offers targeted exposure to the sterling-denominated corporate bond market. By aiming to replicate the performance of the Bloomberg Barclays GBP Corporate Bond Index, it invests in a diversified basket of fixed-income securities issued by corporations that are rated investment-grade. This strategy provides investors with a potential source of regular income and can act as a stabilizing element within a broader portfolio, especially during periods of equity market volatility. As part of a 'Core' series, it is designed to be a foundational, low-cost holding, offering an efficient way to access this specific segment of the bond market.

The investment is particularly suitable for individuals seeking to add a layer of diversification through fixed income with a specific focus on sterling-denominated assets. This makes it an appropriate choice for those whose home currency is the pound, as it minimizes currency risk. By holding the physical bonds that constitute the index, the fund offers a transparent, direct investment approach. It is intended for investors with at least a medium-term investment horizon who understand the risks associated with bond investing, including changes in interest rates and the creditworthiness of corporate issuers.

Key risks for this investment include interest rate risk, where an increase in general interest rates would likely cause the value of the fund's underlying bonds to fall. Additionally, credit risk is present, which is the possibility that a corporate issuer could fail to make its promised interest payments or repay the principal amount at maturity. While the fund focuses on investment-grade bonds to mitigate this, the risk is not eliminated. Despite these risks, the fund serves as a simple and effective tool for building a diversified investment strategy, granting access to the UK and international corporate bond market through a single, tradable instrument.