Amundi MSCI Semiconductors UCITS ETF Dist/  LU2090063327  /

The Fund is an index-tracking UCITS passively managed. The investment objective of the Fund is to track both the upward and the downward evolution of MSCI ACWI IMI Semiconductors & Semiconductor Equipment Filtered Index (the "Benchmark Index") denominated in US Dollars, while minimizing the volatility of the difference between the return of the Fund and the return of the Benchmark Index (the Tracking Error"). The Benchmark Index aims to represent the performance of a select set of companies from the semiconductors and semiconductor equipment industries that excludes companies which are Environmental, Social and Governance ("ESG") laggards based on an ESG rating. The Index methodology is constructed using a "Best-in-class approach": best ranked companies are selected to construct the Index. "Best-in-class" is an approach where leading or best-performing investments are selected within a universe, industry sector or class. It excludes companies falling behind on an ESG level, particularly on the basis of ESG ratings. Using such Best-in-class approach, the Index follows an extra-financial approach significantly engaging that permits the reduction by at least 20% of the initial investment universe (expressed in number of issuers). The ESG key issues include for instance, but are not limited to, water stress, carbon emissions, labor management or business ethics.

The Fund is an index-tracking UCITS passively managed. The investment objective of the Fund is to track both the upward and the downward evolution of MSCI ACWI IMI Semiconductors & Semiconductor Equipment Filtered Index (the "Benchmark Index") denominated in US Dollars, while minimizing the volatility of the difference between the return of the Fund and the return of the Benchmark Index (the Tracking Error").