Amundi CAC Transition Climat UCITS ETFIndex, costs, backtest, listings and taxation

One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.

By subscribing to Amundi CAC Transition Climat UCITS ETF, you are investing in a passively managed UCITS whose objective is to replicate as closely as possible the performance of the CAC Transition Climat NR Index (the "Index"), regardless of whether it experiences a positive or negative development. The maximum tracking error objective between the growth of the net asset value of the Fund and that of the Index is indicated in the Fund's prospectus. The Index, net dividends reinvested (dividends, net of tax, paid by the equities in the index are included in the index calculation), denominated in euro, is calculated and published by the index provider Euronext. The objective of the Index is to reflect the performance of SBF 120 Index companies (the "Parent Index") that have defined target levels for reducing their greenhouse gas ("GHG") emissions. These levels must be approved in accordance with the objective of limiting the temperature rise to a level of 1.5°C in line with the Paris Climate Agreement and as validated by the Science Based Targets initiative ("SBTi"). The Science Based Targets initiative encourages companies to set GHG reduction targets to limit global temperatures to below 2°C, or even below 1.5°C, above pre-industrial levels, in line with the recommendations of the Intergovernmental Panel on Climate Change (IPCC). The Index's characteristics are as follows: a) An investment universe identical to that of the SBF 120 index, made up of the 120 largest and most liquid companies listed on Euronext Paris. b) Companies subject to high or severe ESG controversy are excluded from this universe, as are those identified as being in violation of the United Nations Global Compact guidelines. c) Within the limits of the thresholds explained in the Index methodology, companies not compatible with a short/medium term temperature reduction trajectory of 1.5°C, according to the SBTi, on the basis of their scope 1 + 2 emissions are excluded. d) Within the limits of the thresholds explained in the Index methodology, companies not aligned with a temperature reduction trajectory of 2°C on the basis of their scope 3 emissions are excluded. If less than 24 securities are excluded after the above filtering, then the remaining companies are ranked in descending order according to their scope 3 temperature score. The companies with the highest score are added to the index until at least 20% of companies in the Parent Index are excluded. e) Securities involved in controversial activities such as controversial weapons, civilian firearms, tobacco production or distribution, thermal coal or unconventional oil and gas exploitation are also not eligible for inclusion in the Index. The limits of this approach are described in the Fund's prospectus, citing risk factors such as sustainability risk. The ESG score of companies is calculated by an ESG rating agency based on raw data, models and estimates collected and calculated using proprietary methods. Due to the lack of uniformity and the uniqueness of each methodology, the information provided may be incomplete. More information on the composition and operating rules of the Index can be found in the prospectus and on euronext.com. The Index is available via Reuters (.CSBTN) and Bloomberg (CACSBT15). Exposure to the Index will be achieved through direct replication, primarily by investing directly in transferable securities and/or other eligible assets representing the components of the Index in a very similar proportion to how they appear in the Index. For investment and/or efficient portfolio management purposes, the Investment Manager may use derivative instruments to manage the entry and exit of capital and derivatives that relate to the Index or its components. In order to generate additional income to offset its costs, the Sub-fund may also enter into securities-lending transactions.

Keep reading the KID section ▾

Intended retail investors:This product is intended for investors with an average amount of knowledge and some experience of investing in funds, who are seeking to increase the value of their investment over the recommended holding period and who are able to bear a loss of up to the full amount invested. The product is not open to residents of the United States of America/"U.S. Person" (the definition of "U.S. Person" is available on the Management Company's website www.amundi.com and/or in the prospectus). Redemption and transaction: The Fund's units are listed and traded on one or more stock exchanges. Under normal circumstances, you can trade units during trading hours. Only authorised participants (e.g. selected financial institutions) can trade units directly with the Fund on the primary market. Further details are provided in the Fund's prospectus.

Distribution Policy:As this is a non-distributing unit class, investment income is reinvested. More information: Further information regarding this product, including the prospectus and financial reports, is available free of charge on request from: Amundi Asset Management, 91-93 boulevard Pasteur, 75015 Paris, France.

Countries

• XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans