Amundi Core EUR High Yield Bond UCITS ETF GBP Hedged Acc

The Sub-Fund is passively managed. The investment objective of this Sub-Fund is to reflect the performance of the "iBoxx EUR Liquid High Yield Index" (the "Benchmark Index") denominated in EUR, in order to offer an exposure to EUR-denominated liquid corporate bonds rated sub-investment grade, while minimizing the volatility of the difference between the return of the Sub-Fund and the return of the Benchmark Index (the "Tracking Error"). The anticipated level of Tracking Error, under normal market conditions, is indicated in the prospectus of the Sub-Fund. The Benchmark Index is a bond index calculated and published by the international index provider S&P Dow Jones Indices. The Benchmark Index is a "total return index" (i.e. all coupons detached by the components of the Benchmark Index are reinvested in the Index). More information about the composition of the Benchmark Index and its operating rules are available in the prospectus and at: https://www.spglobal.com/spdji/ 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 Benchmark Index constituents in a proportion extremely close to their proportion in the Benchmark Index. The Investment Manager will be able to use derivatives in order to deal with inflows and outflows and which relate to the Benchmark Index or constituents of the Index for investment and/or efficient portfolio management. In order to generate additional income to offset its costs, the Sub-Fund may also enter into securities lending operations. The Index value is available via Bloomberg (IBOXXMJA). The share currency is the Euro (EUR). Invested financial instruments: Bonds, FDI 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 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.