AMUNDI MSCI WORLD IMI VALUE SCREENED FACTOR UCITS ETF - USD ACC ETF

The objective of the Sub-Fund is to track the performance of the index 'MSCI World IMI Value Select ESG Low Carbon Target Index' (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 an equity index based on the MSCI World IMI Index, representative of the large, mid and small cap stocks across developed markets countries (the 'Parent Index'). The Index is designed to represent the performance of a strategy that seeks to maximize the exposure to the value factor (i.e. stocks considered to be inexpensive relative to others due to their fundamental value) while systematically integrating environmental, social and governance ('ESG') characteristics, as further described in Annex 1 - ESG Related Disclosures to the Sub-Fund's prospectus.. The Index is constructed by selecting constituents of a market capitalization weighted index and applying an optimization process that aims to maximize the exposure to a value factor, reduce the carbon-equivalent exposure to CO2 and other greenhouse gases ('GHG') by thirty percent (30%) and improve the weighted-average industry-adjusted ESG score of the Index with respect to its Parent Index.