LU2420246212
Amundi Core Global Aggregate Bond SGD-Hedged

Fixed income
Global
SGD Cash, CPF OA, SRS
Accumulating

Invest with

SGD Cash, CPF OA, SRS

Payout type

Accumulating

Risk rating

About this fund

Description

The Fund seek to track the performance of Bloomberg Global Aggregate Index, and to minimise the tracking error between the net asset value of the sub-fund and the performance of the Index.

Key information

Annual report

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Product Highlight Sheet

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Prospectus

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Information Memorandum

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Factsheet

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Our perspective

Why we think this fund is best-in-class

Product

Provides investors with passive and low cost exposure to the Bloomberg Global Aggregate Index. Represents an inexpensive offering to bonds issued by a broad and global universe of companies, reflecting the performance of over 30,000 investment-grade bonds across 27 local currency markets.

People

Managed by Amundi, a recognized leader in passive investment strategies, with more than EUR 480 billion in assets under management within their ETF franchise. The firm brings over 30 years of track record, replicating more than 400 indexes across Equity and Fixed Income. The portfolio management team includes Stéphanie Pless and Olivier Chatelot, with Stéphanie Pless as the head of fixed income ETF and index management since 2015 and managing index fixed-income portfolios since 2006. Supported by a comprehensive team of investment specialists and the capital markets team at Amundi.

Performance

Since its inception in 2018, the Fund has closely and effectively tracked its benchmark, initially the Bloomberg Global Aggregate (500 Million) Index, and since 2024, the Bloomberg Global Aggregate Index. The Fund's low expense ratio aids in cost-effective tracking of the Index.

Process

Utilises sampling replication to track the Index's performance, focusing on key risk factors such as duration, currency, country, rating, and sector. The Fund holds nearly 10,000 bonds, aiming to mirror the Index's overall risk profile and modified duration.

Cost

Access to clean retail share class with no trailer fees to achieve the lowest possible fees

How it fits in a portfolio

Investors looking to gain a passive and cost-effective exposure to the Bloomberg Global Aggregate Index can consider the Fund as a core position for bond allocation, due to its broadly diversified global universe of investment grade bonds across both developed and emerging markets. With broad coverage across investment-grade bonds and issuers, it serves as a strong foundation for a well-diversified fixed income portfolio.

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Performance

Returns

NAV

Shows the total return of this accumulating fund, which includes dividends reinvested.

Total returns

Cumulative

Annualised

All Time

-0.34%

YTD

-0.83%

1 month

-2.10%

6 month

-0.86%

1 year

0.72%

3 year

4.83%

As of Mar 2026

Distributions

This is an accumulating fund, so dividends are re-invested at the fund level.

Yield

3.34%As of Apr 2026

Risk metrics

Max drawdown

-8.31%As of Mar 2026

Volatility

5.21%As of Mar 2026

Calendar returns

Year	Total	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	-	0.1%	1.2%	-2.1%	-	-	-	-	-	-	-	-	-
2025	2.3%	0.2%	1.0%	-0.6%	0.9%	-0.5%	0.8%	-0.3%	0.2%	0.6%	0.5%	-0.1%	-0.5%
2024	0.8%	-0.5%	-0.9%	0.7%	-2.0%	0.8%	0.7%	1.6%	0.9%	1.0%	-1.5%	1.0%	-0.9%
2023	5.0%	2.2%	-1.7%	2.0%	0.5%	-0.5%	-0.2%	-0.1%	-0.4%	-1.9%	-0.9%	3.3%	2.9%
2022	-	-	-	0.0%	-2.7%	-0.1%	-1.6%	2.7%	-2.8%	-3.3%	-0.4%	2.2%	-1.2%

Top Exposures

Holdings

Regions

Sectors

United States Treasury Bills	7.79%
Federal National Mortgage Association 2.5%	3.93%
United States Treasury Notes 3.875%	1.70%
Federal National Mortgage Association 3%	1.38%
United States Treasury Notes 4%	1.31%
United States Treasury Notes 3.5%	1.26%
United States Treasury Notes 4.125%	1.26%
Japan (Government Of) 0.1%	1.25%
Federal National Mortgage Association 6.5%	1.22%
United States Treasury Notes 4.25%	1.18%
Federal National Mortgage Association 3.5%	1.13%
Government National Mortgage Association 3%	0.94%
United States Treasury Notes 3.75%	0.87%
United States Treasury Notes 3.625%	0.76%
United States Treasury Notes 3.375%	0.63%

Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.

Fund fees

0.10% p.a.

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Fund facts

ISIN

LU2420246212

Fund house

Amundi

Fund size

S$4.6B

As of 10 Apr 2026

Fund inception date

09 Mar 2022

Fund class currency

SGD

Fund share class

A12HS ACC – hedged SGD

Oldest share class ISIN

LU1437022434

Oldest share inception date

04 Oct 2016

Pricing frequency

Daily

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LU2420246212Amundi Core Global Aggregate Bond SGD-Hedged

LU2420246212
Amundi Core Global Aggregate Bond SGD-Hedged