Amundi Bavarian Equity Fund R/  FR0013494887  /

The objective of managing the fund is to replicate as faithfully as possible the performance of the BAIX (Net Return) - Bayerischer Aktienindex strategy index (the "Strategy Index"), less ongoing charges, regardless of whether it experiences a positive or negative development. The maximum tracking error objective, calculated based on a rolling twelve months, between the growth of the net asset value of the Fund and that of the Strategy Index is 2%. The Strategy Index, net dividends reinvested, denominated in euro and developed, calculated and published by UniCredit Bank AG, provides exposure to shares belonging to the HDAX index, listed on the XETRA stock exchange and whose issuers have their registered office in the Free State of Bavaria. The weightings applied to shares forming part of the Strategy Index (the "Index Components") are determined by applying a quantitative model that aims to weigh the Index Components according to their floating capital while ensuring a maximum weighting of 19%.

The objective of managing the fund is to replicate as faithfully as possible the performance of the BAIX (Net Return) - Bayerischer Aktienindex strategy index (the "Strategy Index"), less ongoing charges, regardless of whether it experiences a positive or negative development. The maximum tracking error objective, calculated based on a rolling twelve months, between the growth of the net asset value of the Fund and that of the Strategy Index is 2%.