Amundi EUR Corporate Bond 1

This Sub-Fund is passively managed. The objective of this Sub-Fund is to track the performance of Bloomberg Barclays Euro Corporate BBB 1-5 Year 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. Bloomberg Barclays Euro Corporate BBB 1-5 Year Index is a bond index representative of the investment grade, euro-denominated, fixed-rate corporate BBB rated bond market with a remaining maturity between 1 and 5 years. More information about the composition of the index and its operating rules are available in the prospectus and at: bloombergindices.com The Index value is available via Reuters (.BCEUCBBB15) and Bloomberg (BBCRTREU). 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 Sub-Fund intends to implement a sampled replication model in order to track the performance of the Index and it is therefore not expected that the Sub-Fund will hold each and every underlying component of the Index at all times or hold them in the same proportion as their weightings in the Index. The Sub-Fund may also hold some securities which are not underlying components of 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. Dividend Policy : the accumulation share automatically retains, and re-invests, net investment incomes within the Sub-Fund when the distribution share pays dividends annually. The minimum recommended holding term is 4 years. Shares may be sold or redeemed (and/or converted) on any dealing day (except otherwise stated in the prospectus) at the respective dealing price (net asset value) in accordance with the articles of incorporation. Further details are provided in the prospectus of the UCITS.