Amundi has launched its first exchange-traded fund in Taiwan, part of its efforts to grow in Asia by expanding its offering to meet the evolving needs of investors across the region.
The asset manager sees Taiwan as one of Asia’s most dynamic ETF markets, supported by a deep local savings pool and a robust institutional ecosystem, growing demand for investment solutions, and increasing interest in ETF-based portfolio construction.
“Our entry into Taiwan’s ETF market marks an important milestone in our local expansion,” says Amundi Taiwan chief executive officer Johnny Wong. “We have served retail and institutional clients in Taiwan for more than two decades and see this launch as a natural step in the development of our business locally. By leveraging Amundi’s global investment expertise and ETF capabilities, we aim to offer Taiwanese investors diversified solutions.
Matthieu Guignard, head of ETF International for Amundi, says the Amundi 20-35 Year AAA to A USD Corporate Bond ETF ( 00993B ) offers targeted exposure to fixed income through an ETF format designed to meet local needs.
The launch comes at a time when investors are paying close attention to fixed income as a source of yield and portfolio resilience.
According to Amundi, long-duration, high-quality corporate bonds can offer benefits across market cycles. In periods of slowing growth and increased volatility, they may help strengthen portfolio quality while maintaining exposure to income opportunities.
Over the past three years, coupon rates on USD-denominated A-rated corporate bonds have remained above 5%, even as benchmark interest rates declined from their peaks.
During periods of significant volatility in Taiwan's equity market, these bonds recorded relatively limited declines and sometimes gained, highlighting their potential to diversify portfolio risk.
Amundi’s inaugural ETF in Taiwan invests in USD-denominated corporate bonds with maturities of 20 to 35 years and credit ratings ranging from AAA to A, focusing on high-quality issuers in developed markets.
The ETF selects bonds within the top 30% by coupon rate, aiming to enhance income potential while maintaining a strong credit profile.
The fund’s offering period is scheduled for November 23-29. With an offering price of NT$10 ( US$0.30 ) per unit and monthly distributions, the bond ETF has been structured to be accessible to a wide range of Taiwanese investors.
