The French firm has added a new Euro-based money market product to its active range.

Amundi has launched a new active money market exchange-traded fund (ETF).

The Amundi EUR Cash Active Ucits ETF offers access to the money market, which uses short-term securities to generate returns, and may use the Euro Short Term Rate as an indicator for its performance.

The ETF is listed on Xetra Deutsche Borse with a management fee of 0.10% and is Article 8 under the EU's Sustainable Finance Disclosure Regulation.