"Amundi Govt Bond Highest Rated Euro Investment Grade UCITS ETF DR - EUR (C)" is an exchange-traded investment fund (ETF). It refers to the FTSE Eurozone Highest-Rated Government Bond Index. This index reflects the development of securities . The ETF replicates its index using physical replication with sampling, so it contains the most important securities of its reference index. The ETF's earnings are automatically reinvested (accumulated). The fund company Amundi claims a total expense ratio (TER) of 0.14% per year. The yearly average divergence from the index performance (Tracking Difference) since 2011 was 0.24% per year. Therefore, the ETF was more expensive than the TER suggests.