AMUNDI GERMAN BUND DAILY (-1X) INVERSE UCITS ETF - EUR DIS ETF

This Sub-Fund is passively managed. The objective of this Sub- Fund is to track the performance of Solactive Bund Daily (-1x) Inverse 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 tracks the performance of a hypothetical fixed-income investment in the underlying bond futures, with the investment rolling from one contract to the next taking a liquidity position and transaction costs into account. The Index is a Total Return Index : the coupons paid by the Index constituents are included in the index return. More information about the composition of the index and its operating rules are available in the prospectus and at: solactive.de The Index value is available via Bloomberg (SODI1BUN). The Sub-Fund will apply an Indirect Replication methodology to get exposition to the Index. The Sub-Fund will invest into a total return swap (financial derivative instrument) delivering the performance of the Index against the performance of the assets held. Derivatives are integral to the Sub-Fund's investment strategies.