Amundi IS MSCI Europe Min. Vol. Fac. UCITS ETF EUR

This Sub-Fund is passively managed. The objective of this Sub-Fund is to track the performance of MSCI Europe Minimum Volatility Index, and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index. The anticipated level of the tracking error, under normal market conditions, is indicated in the prospectus of the Sub-Fund. The Index is a Net Total Return Index : dividends net of tax paid by the index constituents are included in the Index return. MSCI Europe Minimum Volatility Index is an equity index representative of a portfolio of equities in the MSCI Europe index, selected to obtain the lowest possible absolute volatility of the portfolio while respecting the predefined risk diversification requirements (such as, for example, minimum and maximum weightings of securities, sectors and/or countries compared to the MSCI Europe index). Portfolio volatility is a measure of the risk, consisting of quantifying the amplitude of the variations of the value of the portfolio both to the upside and to the downside over a given period. Accordingly, the higher the volatility, the more the investment in this portfolio will be considered as risky and the more the risk of loss and/or expectation of gain will be significant. Low volatility nevertheless is not synonymous with risk-free investment. More information about the composition of the index and its operating rules are available in the prospectus and at: msci.com The Index value is available via Bloomberg (MAEUVOE). The Sub-Fund will apply an indirect replication methodology to get exposition to the Index. The Sub-Fund will invest into a total return swap (financial derivative instrument) delivering the performance of the Index against the performance of the assets held. Derivatives are integral to the Sub-Fund's investment strategies.

Unfunded Swap Model (physical assets + swap 0%)

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No