Profile
EURSAFO profile facts
Spiko Amundi Overnight Swap Fund (EUR) (EURSAFO) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Euro-denominated NAV.
- Collateral
- EUR share class of Spiko Amundi Overnight Swap Fund. Physical bonds, equities and money-market instruments are hedged through portfolio-wide total-return swaps with one or more counterparties; BNP Paribas is the identified counterparty and CACEIS Bank the depositary. Counterparty default can expose underlying security and currency risks.
- Peg mechanism
- EUR-denominated NAV-accreting UCITS share class with KYC-gated subscriptions and redemptions at daily fund NAV through Spiko. Orders are centralized by 15:00 Paris time; ordinary redemption settles D+1, subject to the currency market being open. The management company may cap redemptions when net requests reach 25% of sub-fund net assets; the trigger is the same for all share classes, with at most 20 valuation days of capping over three months. Unexecuted orders carry over without priority; suspension and swing pricing can also limit or delay exit.
- Jurisdiction
- France / AMF / UCITS SICAV sub-fund
- Proof of reserves
- Self-Reported PoR by Issuer-filed Spiko SICAV semiannual financial disclosure covering the SAFO sub-fund and its share classes, not a signed audit opinion. PricewaterhouseCoopers Audit is the named statutory auditor; no SAFO-specific financial audit opinion or complete current all-share-class/native-register reconciliation was retrieved. Reserve source
- ISIN
- FR0014015LD3
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
EURSAFO quick answers
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What is Spiko Amundi Overnight Swap Fund (EUR) (EURSAFO)?
EURSAFO is Spiko's EUR share of the Spiko/Amundi Smart Cash fund, an AMF-authorized UCITS using fully collateralized overnight total-return swaps. The static profile records its Euro-denominated NAV accounting mechanism as: EUR-denominated NAV-accreting UCITS share class with KYC-gated subscriptions and redemptions at daily fund NAV through Spiko.
Is EURSAFO safe?
As of Nov 10, 2026, Pharos grades EURSAFO C (55/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs EURSAFO?
Pharos records EURSAFO's reserves as of Jun 30, 2026 as 100% Spiko Amundi Overnight Swap Fund (EUR) shares. Reserve evidence: Self-Reported PoR, latest period ending Jun 30, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can EURSAFO be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem EURSAFO?
Under the route Pharos reviewed on May 12, 2026, customers the issuer has verified can redeem EURSAFO at its net asset value. Settlement takes multiple days. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.
