Amundi IS MSCI Europe Climate Paris Aligned UCITS ETF Acc

This Sub-Fund is passively managed. The objective of this Sub-Fund is to track the performance of MSCI Europe Climate Paris Aligned Filtered PAB Index (the '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 an equity index based on the MSCI Europe index ('Parent Index') representative of the large and mid-cap stocks across developed market countries in the European Economic and Monetary Union (the 'Parent Index'). The Sub-Fund promotes environmental and/or social characteristics through among others, replicating an Index integrating an environmental, social and governance ('ESG') rating. The Index is designed to support investors seeking to reduce their exposure to transition and physical climate risks and who wish to pursue opportunities arising from the transition to a lower-carbon economy, while aligning with the minimum standards for EU Regulation on Paris Agreement Benchmarks under Regulation (EU) 2019/2089 amending Regulation (EU) 2016/1011. The Index incorporate the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations and are designed to exceed the minimum standards of the EU Paris-Aligned Benchmark. The Index provides exposure to companies with outstanding ESG ratings and excludes companies whose products have a negative social or environmental impact. In addition, the Index aims to represent the performance of a strategy that re-weights securities according to the opportunities and risks associated with the climate transition, in order to meet the minimum requirements of the EU PAB. The ESG key issues include mainly carbon intensity. For further information on the exclusions applied by the Index pursuant to the EU Paris-aligned Benchmarks (PAB), please refer to the 'Guidelines on funds' names using ESG or sustainability-relate

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No