The firm is set to merge the Amundi ETF Euro Inflation UCITS ETF into the Lyxor Core Euro Government Inflation-Linked Bond UCITS ETF, it said in a stock exchange notice yesterday (17 November).
The absorbed ETF will stop trading on 30 November, with the merger date set for 1 December.
The total expense ratio of the fund will also be adjusted, falling from 0.16% to 0.09%.
Amundi posts €13.7bn inflows in Q3 driven by passives
The merging ETF return's has dropped 4.4% over the last three years, while the Lyxor ETF has declined by 4.3%, compared to an IA EUR government bond average of -19.2%, according to data from FE fundinfo.
Earlier this month, Amundi said it would be combining a range of its ESG ETFs, with four Lyxor ETFs being absorbed by the Amundi MSCI USA ESG Leaders Extra UCITS ETF, Amundi S&P 500 PAB Net Zero Ambition and Amundi S&P 500 Climate Net Zero Ambition PAB UCITS ETF.