AASG Stock Discussion
Amundi MSCI EM Asia UCITS ETF Description
The Fund’s investment objective is to track the performance of the MSCI Emerging Markets Asia Index (see “Benchmark index” section), as closely as possible, whether the Index rises or falls. The Fund is managed so as to achieve a gap between changes in its NAV and changes in the value of the MSCI Emerging Markets Asia Index (referred to below as the “MSCI Emerging Markets Asia Index”) as small as possible. The target for maximum tracking error between the Fund’s NAV and the value of the MSCI Emerging Markets Asia Index is 2%. If the “tracking error” exceeds 2%, the objective would nevertheless be to remain below 15% of the volatility of the MSCI Emerging Markets Asia Index.
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