Amundi MSCI Europe PAB Net Zero Ambition XG

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 MSCI EUROPE Climate Paris Aligned Filtered Net EUR 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 Net Total Return Index: dividends net of tax paid by the index constituents are included in the Index return. MSCI EUROPE Climate Paris Aligned Filtered Index is an equity index based on the MSCI Europe index (the "Parent Index") representative of the large and mid-cap stocks across the 15 developed European countries. 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 Paris Agreement requirements. 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. 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: msci.com The Index value is available via Bloomberg (MXEUPFNE). The exposure to the Index will be achieved through a Direct Replication, mainly by making direct investments in transferable securities and/or other eligible assets representing the Index constituents in a proportion extremely close to their proportion in the index. The Investment Manager will be able to use derivatives in order to deal with inflows and outflows and also if it allows a better exposition to an Index constituent. In order to generate additional income to offset its costs, the Sub-Fund may also enter into securities lending operations. The Sub-Fund integrates sustainability risks as outlined in more detail in section "Sustainable Investment" of the prospectus. Dividend Policy : the accumulation share automatically retains, and re-invests, all attributable income within the Sub-Fund; thereby accumulating value in the price of the accumulation shares. The minimum recommended holding term is 5 years