Amundi USD Corporate Bond PAB Net Zero Ambition UCITS ETF D

Objectives and Investment Policy This Sub-Fund is passively managed. The Sub-Fund is a financial product that promotes among other characteristics ESG characteristics pursuant to Article 8 of the Disclosure Regulation. The objective of this Sub-Fund is to track the performance of Bloomberg MSCI USD Corporate Paris Aligned Green Tilted Index, and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index. The Sub-Fund aims to achieve a level of tracking error of the Sub-Fund and its index that will not normally exceed 1%. The Index is a Total Return Index : the coupons paid by the Index constituents are included in the index return. The Index Bloomberg MSCI USD Corporate Paris Aligned Green Tilted Index is constructed from the Bloomberg US Corporate Index (the "Parent Index") and intends to be representative of the USD-denominated investment grade corporate bond market while meeting and exceeding the minimum standards of the EU PAB label. The index sets an initial 50% decarbonization of absolute GHG emissions and carbon intensity relative to the standard Bloomberg US Corporate Index, followed by an annual 10% decarbonization trajectory of both measures, and uses an optimization approach that aims to minimize the active total risk with respect to the Parent Index under constraints. Information on how the Index is consistent with environmental, social and governance characteristics is available in the prospectus. More information about the composition of the index and its operating rules are available in the prospectus and at: bloomberg.com The Index value is available via Bloomberg (I37953US). The Sub-Fund integrates sustainability risks as outlined in more detail in section "Sustainable Investment" of the prospectus. Dividend Policy : the distribution share pays dividends annually. The minimum recommended holding term is 4 Years. The Sub-Fund's shares are listed and traded on one or more stock exchanges. In normal circumstances, you may deal in shares during the trading hours of the stock exchanges, provided that the Market Makers can maintain market liquidity. Only authorised participants (e.g. selected financial institutions) may deal in shares directly with the Sub-Fund on the primary market. Further details are provided in the prospectus of the UCITS.