Amundi MSCI USA Minimum Vol Factor - UCITS ETF (C)

The objective of this Sub-Fund is to track the performance of MSCI USA Minimum Volatility Index, and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index. The MSCI USA Minimum Volatility Strategy Index measures the performance of a minimum variance strategy applied to the large and mid-cap USA equity universe, selected based on a systematic quantitative optimisation model (the Barra Optimizer model). This model seeks to obtain the lowest possible absolute volatility of the portfolio, via requirements for the diversification of predefined risks portfolio structure close to that of the MSCI USA Index.